Director/PDMR Shareholding

RNS Number : 8785R
Standard Life plc
14 December 2016
 

 

Standard Life plc

('the Company')

 

Notification of Interests of Persons Discharging Managerial Responsibilities (PDMRs)

 

 

Standard Life Investments Long Term Incentive Plan (2013) ("SLI LTIP")

On 25 March 2013, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMR under the Standard Life Investments Long Term Incentive Plan ("SLI LTIP").  These awards vested, to the extent that the agreed SLI performance condition was met, on 25 March 2016.  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.

 


Colin Martin Clark

 

SLI LTIP


Date of exercise

13/12/16

Date of notification

14/12/16

Shares vested

173,158

Shares sold to cover tax liability

81,589

Shares acquired

91,569

Sale price

£3.552

 

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

14 December 2016

 

Enquiries:

Group Secretariat

Paul McKenna

 

+44 (0) 131 245 1168*

 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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