Director/PDMR Shareholding

RNS Number : 4419T

Standard Life plc

29 March 2016

Standard Life plc

('the Company')

Notification of Interests of Executive Directors and Other Persons Discharging Managerial Responsibility ('PDMRs')

On 24 March 2016 the Company granted to each of the individuals noted below awards under the following plans:

· 2016 Executive Long Term Incentive Plan (LTIP) - Awards in the form of nil-cost options ('2016 Executive LTIP Awards') to acquire ordinary shares in the capital of the Company, subject to the rules of the Standard Life plc Executive Long Term Incentive Plan and a pre-vesting operating profit and net flows performance condition as defined in the deed of grant and summarised in the Directors' Remuneration Report in the Annual Report and Accounts 2015.

The Awards will normally vest on 24 March 2021, but only to the extent that the performance condition has been met. Once vested, an Award may be exercised in the 6 months thereafter.

· 2016 Standard Life Investments Long Term Incentive Plan (SLI LTIP) - Awards in the form of nil-cost options ('2016 Standard Life Investments LTIP Awards') to acquire ordinary shares in the capital of the Company, subject to the rules of the Standard Life Investments Standard Life Investments Long Term Incentive Plan.

The Awards will normally vest on 24 March 2019, conditional on continued employment and the performance condition defined by reference to the third party earnings before interest, tax, depreciation and amortisation generated by Standard Life Investments in 2016, 2017 and 2018. Once vested, an Award may be exercised in the 6 months thereafter.

On 24 March 2016, the Company granted to each of the individuals noted below awards under the following plans:

· 2015 Short Term Incentive Plan - 2016 Deferred Share Award - Awards in the form of nil-cost options ('2016 Deferred Share Awards') over existing ordinary shares in the Company. The level of shares granted to each individual was equivalent to a proportion of his or her annual bonus for 2015.

These Awards will normally vest on 24 March 2018 conditional on continued employment and subject to the rules of the 2015 Short Term Incentive Plan. Once vested, an Award may be exercised in the 6 months thereafter.

No consideration is payable on the grant or vesting of all of the above Awards. During the vesting periods, all of the above awards carry a right to receive dividend equivalents, to the extent that the awards vest.

	Number of Shares awarded under 2016 Executive LTIP	Number of Shares awarded under 2016 Standard Life Investments LTIP	Number of Shares awarded under 2015 Deferred Share Award
Executive Directors
Norman Keith Skeoch	958,274	-	162,898
Luke Savage	210,478	-	79,214
Colin Martin Clark	492,826	-	17,237
Paul Stephen Matthews	206,987	-	56,470

Other PDMRs
Alexander Hugh McCormack Begbie	158,628	-	34,491
Ranjit Singh	155,667	-	37,538
Roderick Louis Paris	-	410,688	-
Colin Richard Walklin	171,120	-	-