Director/PDMR Shareholding

RNS Number : 8416C
Schroders PLC
20 March 2014
 



 

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 3.1.2R

3.

Name of director/person discharging managerial responsibilities to whom this disclosure relates

Philip Mallinckrodt

4.

State whether notification relates to a person connected with a director/person discharging managerial responsibilities named in 3 and identify the connected person

The notification relates to Philip Mallinckrodt and to Alster Limited, the trustee of a settlement of which Mr Mallinckrodt and his children are members of a class of potential discretionary beneficiaries.

5.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares

6.

State the nature of the transaction

The reorganisation of a settlement made by a member of the Schroder Family of which Alster Limited is the trustee and in relation to which Philip Mallinckrodt is a member of a class of potential discretionary beneficiaries. The reorganisation does not result in any change to the aggregate interests of Mr Mallinckrodt, Alster Limited or of the Schroder Family settlements in the ordinary shares of Schroders plc.

7.

State the volume of the transaction

469,795 ordinary shares

8.

Price per share

N/A - no change of ownership

9.

Date and place of transaction

17 March 2014, Jersey

10.

Date issuer informed of transaction

20 March 2014, London

11.

Name of contact and telephone number for queries

Matthew Whyte

Deputy Company Secretary

020 7658 5807

 


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