St. James's Place Director/PDMR Shareholding
October 25 2017 - 4:23AM
UK Regulatory
TIDMSTJ
St. James's Place plc ("SJP")
SJP was notified on 24 October 2017 of the following changes in
SJP shares held by the Executive Directors named below.
SJP Performance Share Plan 2005 ("PSP") and linked Company Share
Option Plan 2010 ("CSOP")
CSOP
On 26 March 2014 the following Executive Directors ("the
Directors") were awarded a CSOP-linked award, whereby they were
granted a nil-cost unapproved option pursuant to the PSP and a
linked HMRC-approved CSOP share option:
Andrew Croft, Chief Financial Officer
Ian Gascoigne, Managing Director
David Lamb, Managing Director
The Directors exercised the linked CSOP award on 24 October 2017
with an exercise price of GBP8.515 per share and, as a result,
their linked PSP awards automatically lapsed in respect of the
number of shares equal in value to the gain realised upon exercise
of the linked CSOP award.
Column 1 sets out the number of SJP shares acquired as a result
of the exercise of the linked CSOP award on 24 October 2017, and
column 2 sets out the number of SJP shares sold on 24 October 2017
at GBP11.81 pence per share by the Directors. Column 3 sets out the
number of shares that have lapsed under the linked PSP award as a
result of these exercises, and Column 4 sets out the number of PSP
award shares retained under the linked PSP award.
CSOP 1 2 3 4
Name Number of SJP Number of SJP Number of SJP Number of SJP
of Director shares shares sold shares shares
acquired that have retained
on exercise of lapsed under the
CSOP option under the linked
linked PSP award
PSP award
Andrew 3,054 3,054 853 72,312
Croft
Ian 3,054 2,632 853 72,312
Gascoigne
David Lamb 3,054 3,054 853 72,312
PSP
On 26 March 2014 the Directors were awarded nil cost unapproved
PSP awards. On 24 October 2017 the Directors exercised those
awards, as set out in the table below.
Column 1 sets out the number of SJP shares exercised, column 2
sets out the number of SJP shares sold on 24 October 2017 at a
price of GBP11.72 pence per share by the Directors in order to
settle income tax and National Insurance liabilities, and column 3
sets out the number of additional SJP shares sold by the Directors
at GBP11.72. Column 4 sets out the number of SJP shares
retained.
PSP 1 2 3 4
Name Number of SJP Number of SJP Number Number of SJP
of Director shares shares sold of Additional shares
exercised to meet tax SJP Shares Sold retained
liability
Andrew 72,312 33,987 19,210 19,115
Croft
Ian 72,312 33,987 19,210 19,115
Gascoigne
David Lamb 72,312 33,987 38,325 0
Following the above transactions, Ian Gascoigne gifted at nil
cost 19,537 SJP shares to Gail Gascoigne, a Person Closely
Associated with him, on 24 October 2017.
This notification is made in accordance with EU Market Abuse
Regulation.
LEI:213800M993ICXOMBCP87
Classification:3.1 Additional regulated information required to
be disclosed under the laws of a Member State
Deputy Company Secretary, Tel: +44 (0)1285 717237
25 October 2017
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http://www.businesswire.com/news/home/20171025005470/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
October 25, 2017 04:23 ET (08:23 GMT)
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