St. James's Place Director/PDMR Shareholding
28 March 2015 - 12:46AM
UK Regulatory
TIDMSTJ
St. James's Place plc ("SJP")
SJP was notified on 27 March 2015 of the following changes in
SJP shares held by the Executive Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and the Connected Person*,
named below.
Deferred Bonus Scheme
As previously notified the trustees of SJP's Deferred Bonus
Scheme transferred SJP shares to the executive Directors, PDMRs and
Connected Person* named below on 26 March 2012 relating to bonuses
earned in respect of the 2011 financial year and which were
invested in SJP shares and held in trust subject to forfeiture for
a period of three years. On 26 March 2015 the shares became no
longer subject to forfeiture and income tax and National Insurance
liabilities became payable. In order to settle the tax liability,
the Directors, PDMRs and Connected Person* sold the number of
shares in column 2 of the table below on 26 March 2015 at a price
of 943.55 pence per share. Column 3 sets out the additional number
of SJP shares sold at 943.55 pence per share. Column 4 sets out the
number of shares retained by each Director/PDMR/Connected Person*
as a result of this exercise.
1 2 3 4
Name Number of SJP Number Number Number of SJP
of Director shares of SJP of additional shares
no longer shares SJP shares sold retained
subject to sold to meet
forfeiture tax
liability
and
associated
costs
David 49,563 23,354 0 26,209
Bellamy
Andrew 35,813 16,899 9,445 9,469
Croft
Ian 35,813 16,922 18,891 0
Gascoigne
David Lamb 35,813 16,922 18,891 0
1 2 3 4
Name of Number of SJP Number of SJP Number Number of SJP
PDMR/ shares shares sold of additional shares
Connected no longer to meet tax SJP shares sold retained
Person* subject to liability
forfeiture
Tony Dunk 17,315 8,170 4,567 4,578
Mike 34,226** 16,173 18,053 0
Gravestock*
Iain Rayner 8,487 4,005 2,238 2,244
Ian 7,881 3,719 2,078 2,084
MacKenzie
**This relates to two DBS awards, being an award over 18,439 SJP
shares to Mike Gravestock, and an award over 15,787 SJP shares to
his Connected Person*.
On 27 March 2015, Mr Dunk transferred 4,578 SJP shares by way of
gift to his Connected Person*.
Current Holdings
The table below sets out the current holdings of the said
Executive Directors and PDMRs in SJP ordinary shares after the
above transactions:
Name of Director Number of SJP shares held
David Bellamy 1,255,736
Andrew Croft 801,758
Ian Gascoigne 651,434
David Lamb 372,304
Name of PDMR Number of SJP shares held
Tony Dunk 394,932
Mike Gravestock 275,358
Iain Rayner 28,564
Ian MacKenzie 48,382
(i) *The interests of the Directors and PDMRs include those of
their Connected Persons as defined in section 96B(2) of the
Financial Services and Markets Act. The Connected Person to Mike
Gravestock is Sonia Gravestock, and the Connected Person to Tony
Dunk is Angela Dunk.
(ii) The interests of the Directors and PDMRs include deferred
bonus scheme awards held in trust for the Directors and PDMRs which
have not yet vested and are subject to forfeiture.
This notification is made in accordance with Disclosure and
Transparency Rule 3.1.4R(1)(a).
With the exception of the changes notified in this announcement,
the executive Directors' and PDMRs' shareholdings in SJP are
unchanged.
Deputy Company Secretary, Tel: +44 (0)1285 878762
End
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