20 Mar 2024 15:08
Standard Chartered PLC - Director/PDMR Shareholding
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Benjamin Hung | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer, Asia | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Standard Chartered PLC | ||||
b)
| LEI
| U4LOSYZ7YG4W3S5F2G91 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US$0.50 each
ISIN: GB0004082847
| ||||
b)
| Nature of the transaction
| The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transaction. Vesting of the first tranche of shares under the 2021-2023 LTIP post performance.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
| ||||
e)
| Date of the transaction
| 19 March 2024 | ||||
f) | Place of the transaction | XLON London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
a)
| Name
| Tanuj Kapilashrami | |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
| Group Head, Human Resources | |||||||||
b)
| Initial notification /Amendment
| Initial | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
a)
| Name
| Standard Chartered PLC | |||||||||
b)
| LEI
| U4LOSYZ7YG4W3S5F2G91 | |||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||||||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US$0.50 each
ISIN: GB0004082847
| |||||||||
b)
| Nature of the transaction
| The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above | |||||||||
c)
| Price(s) and volume(s)
|
| |||||||||
d)
| Aggregated information
- Aggregated volume
- Price |
| |||||||||
e)
| Date of the transaction
| 19 March 2024 | |||||||||
f) | Place of the transaction | XLON London Stock Exchange | |||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sunil Kaushal | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Regional CEO, Africa & Middle East | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Standard Chartered PLC | ||||
b)
| LEI
| U4LOSYZ7YG4W3S5F2G91 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US$0.50 each
ISIN: GB0004082847
| ||||
b)
| Nature of the transaction
| The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transaction. Vesting of the first tranche of shares under the 2021-2023 LTIP post performance. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
| ||||
e)
| Date of the transaction
| 19 March 2024 | ||||
f) | Place of the transaction | XLON London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
a)
| Name
| Tracey McDermott | |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
| Group Head, Conduct, Financial Crime and Compliance | |||||||||
b)
| Initial notification /Amendment
| Initial | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
a)
| Name
| Standard Chartered PLC | |||||||||
b)
| LEI
| U4LOSYZ7YG4W3S5F2G91 | |||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||||||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US$0.50 each
ISIN: GB0004082847
| |||||||||
b)
| Nature of the transaction
| The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above | |||||||||
c)
| Price(s) and volume(s)
|
| |||||||||
d)
| Aggregated information
- Aggregated volume
- Price |
| |||||||||
e)
| Date of the transaction
| 19 March 2024 | |||||||||
f) | Place of the transaction | XLON London Stock Exchange | |||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
a)
| Name
| Bill Winters | |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
| Group Chief Executive | |||||||||
b)
| Initial notification /Amendment
| Initial | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
a)
| Name
| Standard Chartered PLC | |||||||||
b)
| LEI
| U4LOSYZ7YG4W3S5F2G91 | |||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||||||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of US$0.50 each
ISIN: GB0004082847
| |||||||||
b)
| Nature of the transaction
| The performance outcome of the 2021-23 LTIP vesting awards has decreased compared with the projected values disclosed in the 2023 directors' remuneration report. At that time, the projected performance outcome was 66 per cent. When the relative Total Shareholder Return (TSR) performance was assessed on 15 March 2024, Standard Chartered was ranked below the median with zero vesting for the TSR element. Therefore the final outcome was 57 per cent and resulted in the following vesting transactions. i) Vesting of the first tranche of shares under the 2021-2023 LTIP post performance ii) Sale of shares to cover tax in relation to the transaction described above | |||||||||
c)
| Price(s) and volume(s)
|
| |||||||||
d)
| Aggregated information
- Aggregated volume
- Price |
| |||||||||
e)
| Date of the transaction
| 19 March 2024 | |||||||||
f) | Place of the transaction | XLON London Stock Exchange | |||||||||
Standard Chartered (STAN)