Director/PDMR Shareholding

RNS Number : 8105J

Standard Life Aberdeen plc

04 April 2018

 

Standard Life Aberdeen plc

('the Company')

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

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

On 29 March 2018, the Company granted to each of the individuals noted below awards under the following plan:

2017 Short Term Incentive Plan - 2018 Deferred Share Award - Awards in the form of nil-cost options ('2018 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 2017.

These Awards will normally vest on 29 March 2021 conditional on continued employment and subject to the rules of the 2017 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 2018 Deferred Share Award
Executive Directors
Norman Keith Skeoch	97,541
Roderick Louis Paris	53,017
Other PDMRs
Colin Richard Walklin	40,770
Finbar Anthony O'Dwyer	56,230

On 26 February 2018, following publication of the Company's annual report and accounts, the following individuals received awards under the following plan:

The Aberdeen Asset Management PLC Deferred Share Plan 2009 - Awards in the form of nil-cost options ('2017 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 interim bonus for the period 1 October 2016 to 13 August 2017.

These Awards are divided into five equal tranches and become free of restriction from August 2018, August 2019, August 2020, August 2021 and August 2022 conditional on continued employment with the Standard Life Aberdeen Group (as determined by the Rules) until the relevant vesting dates.  The awards will be exercisable, once vested, up to 10 years from grant.

No consideration is payable on the grant or vesting of all of the above Awards.  All of the above awards carry a right to receive dividend equivalents on exercise.

	Number of Shares granted under the August 2017 Deferred Share Award
Executive Directors
Martin James Gilbert	516,648
William John Rattray	106,903
Other PDMRs
Andrew Laing	53,452
Kerry Christie	16,440

LEI: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

4 April 2018

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.

 

END

 

 

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