abrdn PLC Director/PDMR Shareholding
15 April 2024 - 7:25PM
RNS Regulatory News
RNS Number : 6260K
abrdn PLC
15 April 2024
abrdn plc
('the
Company')
Notification of Interests of
Person Discharging Managerial Responsibilities
(PDMR)
The notification set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation.
On 11 April 2023, the Company granted
to Stephen Bird, Chief Executive Officer, an award under the terms
of the Company's Deferred Share plan ("Award") as a result of the
deferred portion of his Annual Bonus award for 2022. Details of
this grant are set out in the 2023 Annual Report and Accounts. The
Award was granted in the form of nil-cost options to acquire
ordinary shares in the Company, subject to the rules of the
Deferred Share Plan, vesting in equal one-third tranches on the
first, second and third anniversary of the Grant Date.
During the period from the Grant Date
to the Vesting Date the Award carried a right to receive an amount
in additional shares equal in value to any dividends that would
have been paid on such shares in respect of the portion of the
Award that is released. The dividend equivalent shares are
reflected in the vested portion of the Award.
Details in relation to the acquired
shares from the first tranche of the Award are summarised as
follows:
|
Stephen Bird
|
Deferred Share
Award
|
|
Date of exercise
|
11/04/2024
|
Date of notification
|
12/04/2024
|
Shares under option vested
|
59,884
|
Shares sold to cover tax
|
29,942
|
Shares acquired
|
29,942
|
Share price at exercise
|
£1.409
|
15 April 2024
LEI: OTMBS544NMO7GLCE7H90
Classification: 3.1. Additional regulated information required to be disclosed
under the laws of the United Kingdom
Enquiries:
Paul McKenna
Deputy Group Company
Secretary
|
+44 (0) 7736 853 801
|
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END
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