St James's Place Regulatory News (STJ)

16 Mar 2011 15:16

St. James's Place plc ("SJP")

SJP was notified on 15 March 2011 of the following changes in SJP shares held by the executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") named below.

Award of nil cost options under the SJP Performance Share Plan ("PSP")

On 15 March 2011, the following executive Directors and PDMRs were granted nil cost options under the terms of the PSP over the number of SJP shares set out below:

The awards vest in three years, subject to the achievement of prescribed performance targets over a three-year performance period that commenced on 1 January 2011 and will end on 31 December 2013. Two thirds of an award will be dependent on growth in adjusted earnings per share and one third on total shareholder return. Further details of the performance conditions are set out in the SJP Report & Accounts.

Award of SJP Shares under the SJP Deferred Bonus Scheme ("DBS")

On 15 March 2011, SJP awarded the following ordinary 15p shares under the DBS to the executive Directors and PDMRs named below.

Under the scheme rules, the shares are held by an employee benefit trust (SG Hambros Trust Company (Channel Islands) Limited) on behalf of the executive Directors and PDMRs for a three-year restricted period which will end on 15 March 2014. Until that date, the shares are subject to forfeiture, for example if the executive Director or PDMR leaves SJP.

The executive Directors and PDMRs shareholdings in SJP after the above transactions are as follows:

With the exception of the changes notified in this announcement, the executive Directors' and PDMRs' shareholdings in SJP are unchanged.

This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).

Deputy Company SecretaryTel: +44 (0)1285 878762

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