NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1. Name of the issuer |
Schroders plc |
2. State the reason for responsibility to notify |
DTR 3.1.4 R |
3. Name of person discharging managerial responsibilities/director to whom this disclosure relates |
Massimo Tosato |
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person |
The notification is in respect of 3 above |
5. Description of shares (including class), debentures or derivatives or financial instruments relating to shares |
Equity Compensation Plan awards over Ordinary shares, Ordinary shares and Non-voting ordinary shares
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6. State the nature of the transaction |
(i) Exercise of awards made under the Equity Compensation Plan. All the awards were cash settled in accordance with the Plan rules. (ii) Sale of Ordinary and Non-voting ordinary shares held personally.
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7. State the volume of the transaction |
(i) Awards over 110,362 Ordinary shares at £24.15 each (ii) 121,470 Ordinary shares at £24.396086 and 30,593 Non-voting ordinary shares at £19.12
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8. Price per share |
As above
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9. Date and place of transaction |
(i) Exercise of Awards - 9 May 2013 in Bermuda (ii) Sales - 10 May 2013 in London
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10. Date issuer informed of transaction |
(i) Exercise of Awards - 9 May 2013 (ii) Sales - 10 May 2013
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11. Name of contact and telephone number for queries
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Matthew Whyte Deputy Company Secretary Schroders plc 020 7658 5807 |