Director/PDMR Shareholding

Schroders PLC

27 August 2024

 

Schroders plc
(the "Company")

The following notifications made under Article 19(1) of the UK Market Abuse Regulation ("MAR") relate to two transactions in ordinary shares of the Company, undertaken in connection with a trust established under the will of the late Bruno Schroder.  The transactions are between members of the Company's principal shareholder group (the "PSG"), and the overall shareholding of the PSG in the Company remains unchanged following this transfer.

The transactions comprise:

(i) the transfer by Lionel Trustees I Limited and Lionel Trustees II Limited (as trustees of a trust established under the will of Bruno Schroder) of indirect interests in 27,624,074 ordinary shares in the Company to Suzanne Schroder, Bruno Schroder's widow.

(ii) Lionel Trustees I Limited and Lionel Trustees II Limited retiring as trustees of a trust established under the will of Bruno Schroder, and Lionel Trustees (UK) I Limited and Lionel Trustees (UK) II Limited replacing them as trustees of such trust.

This announcement is made in accordance with Article 19(3) of UK MAR.

27 August 2024

Kate Graham

Group Company Secretary

Schroders plc

Tel: [phone]

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

Transaction 1

1	Details of the person discharging managerial responsibilities / person closely associated
a	Name	Lionel Trustees I Limited and Lionel Trustees II Limited as trustees of a trust established under the will of Bruno Lionel Schroder (dec'd) (the '2020 Trust')
2	Reason for the notification
a	Position / status	Lionel Trustees I Limited and Lionel Trustees II Limited are persons closely associated with Leonie Schroder (a non-executive director of Schroders plc) for the purposes of MAR.
b	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a	Name	Schroders plc
b	LEI	2138001YYBULX5SZ2H24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a	Description of the financial instrument, type of instrument	Ordinary shares of £0.20 each ('Ordinary Shares')
	Identification code	GB00BP9LHF23
b	Nature of the transaction	In connection with a trust established under the will of the late Bruno Schroder, the transfer by Lionel Trustees I Limited and Lionel Trustees II Limited (as trustees) of indirect interests in 27,624,074 ordinary shares in Schroders plc to Suzanne Schroder, Bruno Schroder's widow.  This involved Lionel Trustees I Limited and Lionel Trustees II Limited (as trustees) transferring all of the ordinary shares that they held in MEB Investments Limited, CRH Investments Limited and JMF Investments Limited (the '2020 Investment Companies') to Suzanne Schroder.  The 2020 Investment Companies own in aggregate 27,624,074 ordinary shares in Schroders plc.
c	Price(s) and volume(s)		Price(s)	Volume(s)
		1	N/A	27,624,074 Ordinary Shares
d	Aggregated information - Aggregated volume	27,624,074 Ordinary Shares
	- Price	N/A
e	Date of the transaction	23 August 2024
f	Place of the transaction	Outside a trading venue

Transaction 2

1	Details of the person discharging managerial responsibilities / person closely associated
a	Name	(i) Lionel Trustees I Limited and Lionel Trustees II Limited as the retiring trustees (the 'Retiring Trustees') of the 2020 Trust (ii) Lionel Trustees (UK) I Limited and Lionel Trustees (UK) II Limited as the new trustees (the 'New Trustees') of the 2020 Trust
2	Reason for the notification
a	Position / status	The Retiring Trustees and New Trustees are persons closely associated with Leonie Schroder (a non-executive director of Schroders plc) for the purposes of MAR.
b	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a	Name	Schroders plc
b	LEI	2138001YYBULX5SZ2H24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	GB00BP9LHF23
b	Nature of the transaction	The Retiring Trustees have retired as trustees of the 2020 Trust and were replaced by the New Trustees.  Accordingly, the New Trustees have (as trustees) acquired an interest in, and the Retiring Trustees have ceased to have an interest in, 1,740,485 Ordinary Shares.
c	Price(s) and volume(s)		Price(s)	Volume(s)
		1	N/A	1,740,485 Ordinary Shares
d	Aggregated information - Aggregated volume	1,740,485 Ordinary Shares
	- Price	N/A
e	Date of the transactions	23 August 2024
f	Place of the transactions	Outside a trading venue

 

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