Director/PDMR Shareholding

RNS Number : 4837J

Standard Life plc

07 April 2015

 



Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities (PDMRs)

Standard Life Long Term Incentive Plan (2012) ("Group LTIP")

On 29 March 2012, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMR under the Standard Life Group Long Term Incentive Plan (2012) ("Group LTIP").  These awards vested, to the extent that the agreed operating profit performance condition was met, on 29 March 2015.  No consideration was payable on the vesting of these awards.

2013 Deferred Share Awards

On 28 March 2013, the Company granted share awards ("2013 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMR.  The level of shares granted to the individual was equivalent to a proportion of his annual bonus for 2012.  These awards vested on 28 March 2015.  No consideration was payable on the vesting of these awards.

During the vesting periods for the above awards, the awards carried a right to receive dividend equivalents, to the extent that the awards vested.  The dividend equivalents were delivered as additional shares.

	Hugh Alexander McCormack Begbie
Group LTIP
Date of exercise	02/04/15
Date of notification	02/04/15
Shares vested	195,116
Shares sold	195,116
Shares acquired	0
Sale price	£4.7985
2013 Deferred Share Awards
Date of exercise	02/04/15
Date of notification	02/04/15
Shares vested	50,045
Shares sold to cover tax liability	23,581
Shares acquired	26,464
Sale price	£4.7950
Total shares acquired via the above transactions	26,464
Percentage of share capital acquired via the above transactions	0.0013%

Following the above:

	Hugh Alexander McCormack Begbie
Total Shareholding (including Connected Persons)	95,499
Percentage of Share Capital	0.0049%

This notice is given in fulfilment of obligations under DTR 3.1.4 (R).

7 April 2015

Enquiries:

Group Secretariat Paul McKenna

[phone]*

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

 

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