RNS Number : 8341I
Standard Life plc
18 March 2010
Standard Life plc
Notification of Interests of an Executive Director and other Persons Discharging Managerial Responsibilities ('PDMRs')
As announced on 2 May 2007, the Company granted awards in the form of nil-cost options ("awards") under the Standard Life Long Term Incentive Plan. The awards vested on 17 March 2010, and the following executive director and other PDMRs have exercised their vested awards as below:
David Thomas Nish Nathan Richard Parnaby
Date of Exercise 18/03/10 18/03/10
Date of Notification 18/03/10 18/03/10
Shares Vested 74,917 28,963
Shares Sold to Cover Tax Liability 0 11,905
Sale Price n/a £2.0862
Shares Acquired 74,917 17,058
Percentage of Issued Shares 0.0033% 0.0007%
Acquired
Total Holding Following Exercise, 336,898 175,174
including Connected Persons
Percentage of Issued Shares after 0.0150% 0.0078%
Acquisition
As announced on 1 December 2008, Michael John Conway was granted a long-term incentive award as part of his recruitment terms when he joined Standard Life. This award was structured as nil-cost share options. Part of this award vested on 17 March 2010 and Mr Conway has exercised the vested award as below:
Michael John Conway
Date of Exercise 18/03/10
Date of Notification 18/03/10
Shares Vested 48,801
Shares Sold to Cover Tax Liability 20,059
Sale Price £2.0915
Shares Acquired 28,742
Percentage of Issued Shares Acquired 0.0013%
Total Holding Following Exercise 57,483
Percentage of Issued Shares after Acquisition 0.0026%
This notice is given in fulfilment of obligations under DTR 3.1.4 (R).
18 March 2010
Enquiries:
Barry Cameron, Media Relations, 0131 245 6165
Gordon Aitken, Investor Relations, 0131 245 6799
Kenneth Gilmour, Group Secretariat, 0131 245 0751
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