Director/PDMR Shareholding

RNS Number : 8506V

Standard Chartered PLC

18 December 2013

 



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 Regulatory Information Service notification required by the UK Financial Conduct Authority's Disclose and Transparency Rule 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 the UK Disclosure and Transparency Rule 3.1.2R;

(ii) a disclosure made in accordance with section 793 of the UK Companies Act (2006); or

(iii) in accordance with paragraph 26 of the Model Code of the UK Listing Rules.

This notification relates to a transaction notified in accordance with the UK Disclosure and Transparency Rule 3.1.2R

3. Name of person discharging managerial responsibilities/director

Sir John Peace

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 holding of persons 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

N/A

8. State the nature of the transaction

Restricted Share Award ("RSA") granted under the Company's 2011 Standard Chartered Share Plan.

9. Number of shares, debentures or financial instruments relating to shares acquired

N/A

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

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

N/A

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

17 December 2013

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

17 December 2013 

18. Period during which or date on which exercisable

Under the 2011 Standard Chartered Share Plan, RSA vest in two equal tranches on the second anniversary and the third anniversary from the grant date. The award must be exercised by 7th anniversary of the grant date.

19. Total amount paid (if any) for grant of the option

Amount paid - Nil.

RSA based on a share price of £13.06 - the higher of the five day average share price preceding the grant and closing price on the day preceding grant. 

20. Description of shares or debentures involved (class and number)

Ordinary shares of US$0.50 each fully paid

19,142

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Nil

22. Total number of shares or debentures over which options held following notification

162,797

23. Any additional information

NONE

24. Name of contact and telephone number for queries

Lee Davis, Assistant Group Secretary, 020 7885 7456

Name of authorised official of issuer responsible for making notification

Michelle Amey, Deputy Group Secretary

Date of notification

18 December 2013

 

END

 

 

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