Director/PDMR Shareholding

Standard Chartered PLC

20 March 2024

 

Standard Chartered PLC - Director/PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Hung
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Asia
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Standard Chartered PLC
b)	LEI	U4LOSYZ7YG4W3S5F2G91
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 Identification code	Ordinary Shares of US$0.50 each ISIN: GB0004082847
b)	Nature of the transaction	The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transaction. Vesting of the first tranche of shares under the 2021-2023 LTIP post performance.
c)	Price(s) and volume(s)	Price £ Volume 6.551 29,919
d)	Aggregated information - Aggregated volume - Price	Price £ Volume 6.551 29,919
e)	Date of the transaction	19 March 2024
f)	Place of the transaction	XLON London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tanuj Kapilashrami
2	Reason for the notification
a)	Position/status	Group Head, Human Resources
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Standard Chartered PLC
b)	LEI	U4LOSYZ7YG4W3S5F2G91
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 Identification code	Ordinary Shares of US$0.50 each ISIN: GB0004082847
b)	Nature of the transaction	The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above
c)	Price(s) and volume(s)	Price £ Volume i)    6.551 20,746 ii)    6.551 9,771
d)	Aggregated information - Aggregated volume - Price	Price £ Volume i)    6.551 20,746 ii)    6.551 9,771
e)	Date of the transaction	19 March 2024
f)	Place of the transaction	XLON London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sunil Kaushal
2	Reason for the notification
a)	Position/status	Regional CEO, Africa & Middle East
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Standard Chartered PLC
b)	LEI	U4LOSYZ7YG4W3S5F2G91
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 Identification code	Ordinary Shares of US$0.50 each ISIN: GB0004082847
b)	Nature of the transaction	The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transaction. Vesting of the first tranche of shares under the 2021-2023 LTIP post performance.
c)	Price(s) and volume(s)	Price £ Volume 6.551 22,737
d)	Aggregated information - Aggregated volume - Price	Price £ Volume 6.551 22,737
e)	Date of the transaction	19 March 2024
f)	Place of the transaction	XLON London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tracey McDermott
2	Reason for the notification
a)	Position/status	Group Head, Conduct, Financial Crime and Compliance
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Standard Chartered PLC
b)	LEI	U4LOSYZ7YG4W3S5F2G91
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 Identification code	Ordinary Shares of US$0.50 each ISIN: GB0004082847
b)	Nature of the transaction	The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above
c)	Price(s) and volume(s)	Price £ Volume iii) 6.551 19,677 iv) 6.551 9,267
d)	Aggregated information - Aggregated volume - Price	Price £ Volume iii) 6.551 19,677 iv) 6.551 9,267
e)	Date of the transaction	19 March 2024
f)	Place of the transaction	XLON London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bill Winters
2	Reason for the notification
a)	Position/status	Group Chief Executive
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Standard Chartered PLC
b)	LEI	U4LOSYZ7YG4W3S5F2G91
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 Identification code	Ordinary Shares of US$0.50 each ISIN: GB0004082847
b)	Nature of the transaction	The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above
c)	Price(s) and volume(s)	Price £ Volume v)   6.551 85,853 vi) 6.551 40,432
d)	Aggregated information - Aggregated volume - Price	Price £ Volume v)   6.551 85,853 vi) 6.551 40,432
e)	Date of the transaction	19 March 2024
f)	Place of the transaction	XLON London Stock Exchange

 

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