Director/PDMR Shareholding

RNS Number : 6170C

Standard Life plc

18 April 2017

Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities (PDMRs)

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

2015 Deferred Share Awards

On 28 March 2014, the Company granted share awards ("2015 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMRs. The level of shares granted to each individual was equivalent to a proportion of his annual bonus for 2014. These awards vested on 28 March 2017. No consideration was payable on the vesting of these awards.

During the vesting periods for all of 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.

	Alexander Hugh McCormack Begbie
2015 Deferred Share Awards
Date of exercise	13 April 2017
Date of notification	13 April 2017
Shares vested	37,180
Shares sold to cover tax liability	17,519
Shares acquired	19,661
Sale price	£3.6340
Total shares acquired via the above transactions	19,661
Percentage of share capital acquired via the above transactions	0.0010%