RNS Number : 6576H
Standard Chartered PLC
20 March 2024
 

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)

 

 

 

Price £

Volume

6.551

29,919

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Price £

Volume

6.551

29,919



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)

 

 

 


Price £

Volume

i)   

6.551

20,746

ii)   

6.551

9,771

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 


Price £

Volume

i)   

6.551

20,746

ii)   

6.551

9,771

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)

 

 

 

Price £

Volume

6.551

22,737

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Price £

Volume

6.551

22,737



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)

 

 

 


Price £

Volume

iii)

6.551

19,677

iv)

6.551

9,267

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 


Price £

Volume

iii)

6.551

19,677

iv)

6.551

9,267

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)

 

 

 


Price £

Volume

v)  

6.551

85,853

vi)

6.551

40,432

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 


Price £

Volume

v)  

6.551

85,853

vi)

6.551

40,432



e)

 

Date of the transaction

 

19 March 2024

f)

Place of the transaction

XLON London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHEBLFLZXLBBBQ
Standard Chartered (LSE:STAN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Standard Chartered.
Standard Chartered (LSE:STAN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Standard Chartered.