Director/PDMR Shareholding

RNS Number : 5283S

Standard Life plc

21 December 2016

 

Standard Life plc

('the Company')

Notification of Interests of Persons Discharging Managerial Responsibilities

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

Standard Life Long Term Incentive Plan (2013) ("Group LTIP")

On 9 September 2013, the Company granted options ("awards") in the form of nil cost options to Finbar O'Dwyer under the Standard Life Group Long Term Incentive Plan (2013) ("Group LTIP").  These awards vested, to the extent that the agreed operating profit performance condition was met, on 9 September 2016.  No consideration was payable on the vesting of these awards.

2013 Restricted Stock Plan Awards

On 9 September 2013, the Company granted Restricted Stock Plan awards ("2013 RSP awards") over existing ordinary shares in the Company to Finbar O'Dwyer.  These awards vested on 9 September 2016.  No consideration was payable on the vesting of these awards.

2014 Restricted Stock Plan Awards

On 28 March 2014, the Company granted Restricted Stock Plan awards ("2014 RSP awards") over existing ordinary shares in the Company to Finbar O'Dwyer.  These awards vested on 9 September 2016.  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.

	Finbar O'Dwyer
Group LTIP
Date of exercise	20/12/16
Date of notification	21/12/16
Shares vested	51,538
Shares sold to cover tax liability	24,284
Shares acquired	27,254
Sale price	£3.6455
2013 RSP Share Awards
Date of Exercise	20/12/16
Date of notification	21/12/16
Shares Vested	60,300
Shares Sold	28,413
Shares acquired	31,887
Sale Price	£3.6455
2014 RSP Share Awards
Date of Exercise	20/12/16
Date of notification	21/12/16
Shares Vested	14,698
Shares Sold	6,926
Shares acquired	7,772
Sale Price	£3.6455

21 December 2016

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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