Standard Life plc Director/PDMR Shareholding (3839V)

TIDMSL.

RNS Number : 3839V

Standard Life plc

15 April 2016

Standard Life plc

('the Company')

Notification of Interests of Person Discharging Managerial Responsibilities (PDMRs)

Standard Life Long Term Incentive Plan (2013) ("Group LTIP")

On 25 March 2013, the Company granted options ("awards") in the form of nil cost options to the undernoted PDMR under the Standard Life Group Long Term Incentive Plan (2013) ("Group LTIP"). These awards vested, to the extent that the agreed operating profit performance condition was met, on 25 March 2016. No consideration was payable on the vesting of these awards.

2014 Deferred Share Awards

On 28 March 2014, the Company granted share awards ("2014 Deferred Share awards") over existing ordinary shares in the Company to the undernoted PDMR. The level of shares granted to each individual was equivalent to a proportion of his annual bonus for 2013. These awards vested on 28 March 2016. No consideration was payable on the vesting of these awards.

During the vesting periods for all of the above awards, the awards carried a right to receive dividend equivalents, to the extent that the awards vested. The dividend equivalents were delivered as additional shares.

 
                            Ranjit Singh 
-------------------------  ------------- 
 Group LTIP 
-------------------------  ------------- 
 Date of exercise             14/04/16 
-------------------------  ------------- 
 Date of notification         15/04/16 
-------------------------  ------------- 
 Shares vested                 54,387 
-------------------------  ------------- 
 Shares sold 
  to cover tax 
  liability                    25,626 
-------------------------  ------------- 
 Shares sold                   25,626 
-------------------------  ------------- 
 Shares acquired               28,761 
-------------------------  ------------- 
 Sale price                  GBP3.4720 
-------------------------  ------------- 
 2014 Deferred 
  Share Awards 
-------------------------  ------------- 
 Date of exercise             14/04/16 
-------------------------  ------------- 
 Date of notification         15/04/16 
-------------------------  ------------- 
 Shares vested                 24,869 
-------------------------  ------------- 
 Shares sold 
  to cover tax 
  liability                    11,718 
-------------------------  ------------- 
 Shares sold                   11,718 
-------------------------  ------------- 
 Shares acquired               13,151 
-------------------------  ------------- 
 Sale price                  GBP3.4720 
-------------------------  ------------- 
 Total shares 
  acquired via 
  the above transactions       41,912 
-------------------------  ------------- 
 Percentage of 
  share capital 
  acquired via 
  the above transactions      0.0021% 
-------------------------  ------------- 
 

Following the above:

 
                          Ranjit Singh 
-----------------------  ------------- 
   Total Shareholding 
  (including Connected 
        Persons)             41,912 
-----------------------  ------------- 
     Percentage of 
      Share Capital         0.0021% 
-----------------------  ------------- 
 

This notice is given in fulfilment of obligations under DTR 3.1.4 (R).

15 April 2016

Enquiries:

 
 
 Group Secretariat      [phone] 
  Kenneth Gilmour       0751* 
 

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 15, 2016 08:51 ET (12:51 GMT)