Director/PDMR Shareholding
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4R(1).
1. Name of the issuer
Standard Chartered PLC
2. State whether the notification relates to:
(i) a transaction notified in accordance with DTR 3.1.2R;
(ii) a disclosure made in accordance LR 9.8.6R(1); or
(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).
This notification relates to a transaction notified in accordance with DTR 3.1.2R
3. Name of person discharging managerial responsibilities/director
Mike Rees
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
This notification is made in respect of a technical interest of the directors and persons discharging managerial responsibilities referred to in 3 above.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of US$0.50 each fully paid
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Bedell Cristin Trustees Limited
8. State the nature of the transaction
Award made under the 2004 Deferred Bonus Plan. Shares are awarded instead of all or part of the director's annual cash bonus. The shares are held in the Standard Chartered 2004 Employee Benefit Trust (the corporate trustee being Bedell Cristin Trustees Limited). The shares automatically vest one year after the date of purchase. A notional dividend, in the form of shares, is awarded in respect of the shares held in the Trust.
9. Number of shares, debentures or financial instruments relating to shares acquired
70,255
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.003%
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price pershare or value of transaction
N/A
14. Date and place of transaction
8 March 2011 - London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
N/A
16. Date issuer informed of transaction
9 March 2011
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
2004 Deferred Bonus Plan - 70,255
23. Any additional information
NONE
24. Name of contact and telephone number for queries
Lee Davis, Assistant Company Secretary, 020 7885 7456
Name of authorised official of issuer responsible for making notification
Michelle Amey, Assistant Group Secretary
Date of notification
10 March 2011
This information is provided by RNS