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Director/PDMR Shareholding

15 Apr 2020 12:40

RNS Number : 7623J
Standard Life Aberdeen plc
15 April 2020
 

Standard Life Aberdeen plc

('the Company')

Notification of Interests of Executive Directors

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

On 9 April 2020 the Company granted to each of the individuals noted below awards under the following plan:

 

2018 Standard Life Aberdeen plc Deferred Share Plan - Awards in the form of nil-cost options to acquire ordinary shares in the Company, subject to the rules of the Standard Life Aberdeen plc Deferred Share Plan ('the Deferred Share Plan') and performance underpins as defined in the grant documents and summarised in the Directors' Remuneration Report in the Annual Report and Accounts 2019 (page 87).

 

The Awards will normally vest pro-rata on the third, fourth and fifth anniversaries of the grant date but only to the extent that the performance underpins have been met and in accordance with, and subject to, the rules of the Deferred Share Plan. Once vested, Awards are subject to a holding period to the end of the fifth anniversary of the grant date, after which they are released and may be exercised by holders. Awards may be exercised up to 10 years from grant.

 

No consideration is payable on the grant or vesting of any of the Awards. The number of shares to which each Award relates will be increased by an additional number of shares equal in value to any dividends that would have been paid on all the shares in respect of which the Award is released, over the period from the grant date to the release date. 

 

Number of Shares awarded under the Deferred Share Plan

3 Year

Award

4 Year

Award

5 Year

Award

Executive Directors

Norman Keith Skeoch

91,053

91,053

91,054

Stephanie Jane Bruce

29,864

29,865

29,865

Martin James Gilbert

60,494

60,494

60,495

 

LEI: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

 

15 April 2020

 

Enquiries:

Group Secretariat

Paul McKenna

 

+44 (0) 131 372 1175*

 

* 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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