REG - abrdn PLC - Notification of Interests of Executive Directors

AberdeenAnnouncement

27/09/2024 15:30

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RNS Number : 0699G  abrdn PLC  27 September 2024

abrdn plc

('the Company')

Notification of Interests of Executive Directors

The notification set out below is provided under Article 19 of the Market
Abuse Regulation ('MAR').

 

On 26 September 2024, the Company granted to the individual noted below an
award under the following plan. The abrdn plc Remuneration Committee
determined that this supplementary LTIP grant would be appropriate to
recognise the individual's CEO strategic contribution to abrdn from the point
that they were appointed as Interim Group CEO on 24 May 2024.

 

abrdn plc Executive Long Term Incentive Plan - An award has been made in the
form of a conditional award ('Award') to acquire ordinary shares in the
Company, subject to the rules of the 2024 abrdn plc Executive Long Term
Incentive Plan (the 'LTIP Plan') and pre-vesting performance conditions. The
performance conditions are linked to compound annual growth rate in net
capital generation per share and relative total shareholder return. Further
details will be provided in the Directors' Remuneration Report in abrdn's
Annual Report and Accounts 2024.

 

The Award will normally vest on the vesting date, only to the extent that the
performance conditions have been met and in accordance with, and subject to,
the rules of the LTIP Plan. Vested awards are subject to a holding period of
two years commencing from the vesting date.

 

                     Number of Shares awarded under the LTIP Plan
 Executive Director
 Jason Windsor       552,582

 

No consideration is payable on the grant or vesting of any of the Award set
out above. The number of shares to which the Award relates will be increased
by an additional number of shares equal in value to any dividends that would
have been paid on all the shares in respect of which the Award is released,
over the period from the grant date to the release date.

 

27 September 2024

 

Enquiries:

 Media Relations

 Sarah Moody                     +44 (0) 7721 679 892

 Duncan Young                    +44 (0) 7920 868 865

 Institutional Equity Investors

 Duncan Heath                    +44 (0) 207 156 2495

 Group Secretariat

 Iain Jones                      +44 (0) 7944 203 003

 

LEI number of abrdn plc: OTMBS544NMO7GLCE7H90

Classification: 3.1. Additional regulated information required to be disclosed
under the laws of the United Kingdom

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