Director/PDMR Shareholding

RNS Number : 9271Z
Standard Chartered PLC
23 September 2015
 



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 Disclosure 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, Bill Winters, Andy Halford, Mike Rees, Tracy Clarke

 

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

 

Sir John Peace - shares held through BBHISL Nominees Limited

Bill Winters - shares held through Chase Nominees Limited and Bedell Trustees Limited

Mike Rees - shares held through Computershare Company Nominees Limited and Bedell Trustees Limited

Andy Halford - shares held through Mership Nominees and Bedell Trustees Limited

Tracy Clarke - shares in own name, husband's name, Wealth Nominees Limited and Bedell Trustees Limited

 

8. State the nature of the transaction

 

(i)         Allocation of shares to Sir John Peace as part of his base fee, as provided for under his contract of employment.

  

(ii)         Allocation of fixed pay allowance delivered in shares which are released over a five year period. Further details are contained in the directors' remuneration report in the 2014 Annual Report and Accounts.

 

(iii)        A restricted share award to the Group Chief Executive.  This award provides compensation for the value of share interests in his previous firm, forfeited on joining the Group in May 2015.

 

(iv)        Movement of shares by Tracy Clarke into an ISA account through a sale & purchase.

 

 

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

 

See clause 20 below

 

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

 

See clause 20 below

 

11. Number of shares, debentures or financial instruments relating to shares disposed

 

See clause 20 below

 

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

 

See clause 20 below

 

13. Price per share or value of transaction

 

Relating to (i) & (ii) of clause 8 above       £6.93

Relating to (iii) of clause 8 above             £7.23

Relating to (iv) of clause 8 above             £6.95

  

14. Date and place of transaction

 

22 September 2015 - London

 

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

Name

Total holding

%ISC

Sir John Peace

133,111

0.005

Bill Winters

61,035

0.002

Andy Halford

109,550

0.004

Mike Rees

268,747

0.011

Tracy Clarke

139,000

0.005

 

16. Date issuer informed of transaction

 

22 September 2015

 

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

 


17. Date of grant

 

22 September 2015

 

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)

 

Relating to (i) & (ii) of clause 8 above

Name

Award type

Number of shares granted/awarded

% of ISC

Sir John Peace

Base fee in shares

19,841

0.0008

Bill Winters

Fixed pay allowance

59,035

0.0023

Andy Halford

Fixed pay allowance

17,495

0.0007

Mike Rees

Fixed pay allowance

24,993

0.0010

Tracy Clarke

Fixed pay allowance

14,371

0.0006

 

Relating to (iii) of clause 8 above

Name

Award type

Number of shares granted/awarded

Bill Winters

Buyout

899,031

 

Relating to (iv) of clause 8 above

Name

Shares sold

% of ISC

Share purchased

% of ISC

Tracy Clarke

2,199

0.0001

2,176

0.0001

 

 

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

 

Name

Number of shares

Sir John Peace

33,977

Bill Winters

899,031

Andy Halford

219,783

Mike Rees

851,649

Tracy Clarke

269,885

 

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

 

Barbara McAll, Deputy Group Secretary

 

Date of notification

 

23 September 2015

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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