Director/PDMR Shareholding

RNS Number : 7772Y
Schroders PLC
19 May 2016
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.   Name of the issuer

Schroders plc

2.   State the reason for responsibility to notify

DTR 3.1.2 R

3.   Name of person discharging managerial responsibilities/director to whom this disclosure relates

Philip Mallinckrodt

4.   State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

The notification relates to the children of Philip Mallinckrodt and Veritas Limited, a trustee of a settlement of which the children of Philip Mallinckrodt are potential beneficiaries.

5.   Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Non-voting ordinary shares

6.   State the nature of the transaction

The acquisition of interests in non-voting ordinary shares by Veritas Limited in its capacity as the trustee of a settlement made by members of the Schroder Family of which the children of Philip Mallinckrodt are members of a class of potential discretionary beneficiaries.

7.   State the volume of the transaction

9,000 Non-voting ordinary shares

8.   Price per share

£19.17 per Non-voting ordinary share

9.   Date and place of transaction

17 May 2016, Bermuda

10.  Date issuer informed of transaction

19 May 2016, London

11.  Name of contact and telephone number for queries

Matthew Whyte

Deputy Company Secretary

020 7658 5807

 


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