REG - abrdn PLC - Director/PDMR Shareholding

AbrdnAnnouncement

15/04/2024 10:30

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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                     +44 (0) 7736 853 801

 Deputy Group Company Secretary

 

 

 

 

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