REG - St. James's Place - Director/PDMR Shareholding

St James's PlaceAnnouncement

14/05/2025 16:30

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RNS Number : 6984I  St. James's Place PLC  14 May 2025

PDMR SHAREHOLDING

14 May 2025

Grant of Buyout Awards

James Rainbow joined St. James's Place on 1 April 2025 as a member of the
Group Executive Committee.

 

On 12 May 2025, James was granted the following nil-cost options over, in
aggregate, 202,907 Ordinary Shares of 15 pence each (a "Share") in respect of
the buy-out of awards that James forfeited on leaving his previous employment.
The number of Shares awarded has been calculated using a market price of
£10.1564 per Share, being the average of the quoted closing prices of a Share
for the five (5) dealing days immediately prior to the grant date.

 

The nil-cost options will vest in tranches on the vesting dates shown in the
table below, subject to James's continued employment and, for performance
awards, the achievement of performance conditions. Following vesting, James
will have a period of three years within which he may exercise the relevant
nil-cost options.

 

Dividend equivalents apply to certain of the nil-cost options and may result
in the delivery of additional Shares (or cash) to James when the relevant
nil-cost option is exercised.

 

Appropriate malus and clawback provisions will apply to the nil-cost options.

 

 PDMR           No. of shares under option (conditional awards)  No. of shares under option (performance awards)  Vesting Date
 James Rainbow  38,184                                                                                            7 September 2025
                17,146                                                                                            6 March 2026
                30,671                                                                                            6 September 2026
                10,379                                                                                            4 March 2027
                26,157                                                                                            4 September 2027
                7,878                                                                                             25 March 2028
                                                                 64,614                                           12 May 2028
                7,878                                                                                             25 September 2028
 Total          138,293                                          64,614

 

The Remuneration Committee believes that these awards fairly reflect the
awards James forfeited in terms of value and timescale of vesting.

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

This announcement is made in accordance with the UK Market Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         James Rainbow
 2    Reason for the notification
 a)   Position/status                                              PDMR
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         St. James's Place plc
 b)   LEI                                                          213800M993ICXOMBCP87
 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
 Transition 1
 a)   Description of the financial instrument, type of instrument

                                                                   Ordinary shares of 15p each

      Identification code

                                                                   GB0007669376
 b)   Nature of the transaction                                    Grant of buy-out share awards under the St. James's Place plc Buyout Awards

                                                                 Agreement 12 May 2025

 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)

                                                            Nil         138,293

 d)   Aggregated information:

      - Aggregated volume                                          138,293

      - Price                                                      Nil
 e)   Date of the transaction                                      12 May 2025
 f)   Place of the transaction                                     Outside a trading venue
 Transition 2
 a)   Description of the financial instrument, type of instrument

                                                                   Ordinary shares of 15p each

      Identification code

                                                                   GB0007669376
 b)   Nature of the transaction                                    Grant of buy-out share awards under the St. James's Place Performance Share

                                                                 Plan

 c)   Price(s) and volume(s)                                        Price(s)   Volume(s)

                                                            Nil         64,614

 d)   Aggregated information:

      - Aggregated volume                                          64,614

      - Price                                                      Nil
 e)   Date of the transaction                                      12 May 2025
 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information:

- Aggregated volume

- Price

 

138,293

Nil

e)

Date of the transaction

12 May 2025

f)

Place of the transaction

Outside a trading venue

Transition 2

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 15p each

 

 

GB0007669376

b)

 

Nature of the transaction

Grant of buy-out share awards under the St. James's Place Performance Share
Plan

c)

 

Price(s) and volume(s)

 

  Price(s)   Volume(s)
 Nil         64,614

d)

 

Aggregated information:

- Aggregated volume

- Price

 

64,614

Nil

e)

Date of the transaction

12 May 2025

f)

Place of the transaction

Outside a trading venue

 

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