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 |