Director/PDMR Shareholding

RNS Number : 1568I

abrdn PLC

12 April 2022

 

abrdn plc

('the Company')

Notification of Interests of Person Discharging Managerial Responsibilities (PDMR)

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

On 9 April 2021 the Company granted to Stephen Bird, Chief Executive Officer, an award under the terms of the Company's Deferred Share plan ("Award") as a result of the deferred portion of his Annual Bonus award for 2020. Details of this grant are set out in the 2021 Annual Report and Accounts. The Award was granted in the form of nil-cost options to acquire ordinary shares in the Company, subject to the rules of the Deferred Share Plan, vesting in equal one-third tranches on the first, second and third anniversary.

During the period from the Grant Date to the Vesting Date the Award carried a right to receive an amount in additional shares equal in value to any dividends that would have been paid on such shares in respect of the portion of the Award that is released.  The dividend equivalent shares are reflected in the vested portion of the Award. 

Details in relation to the acquired shares from the first tranche of the award are summarised as follows:

	Stephen Bird
Deferred Share Award
Date of exercise	11/04/22
Date of notification	12/04/22
Shares vested	32,355
Shares acquired	32,355
Exercise price	£2.057

12 April 2022

LEI: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom

Enquiries:

Kenneth Gilmour Group Company Secretary

[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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