TIDMSTJ
St. James's Place plc ("SJP")
SJP was notified on 30 March 2015 of the following changes in
SJP shares held by the Executive Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and the Connected Person*,
named below.
SJP Performance Share Plan 2005 ("PSP")
The Executive Directors, PDMRs and Connected Person* listed
below exercised nil cost unapproved PSP awards on 27 March
2015.
Column 1 sets out the number of SJP shares exercised, column 2
sets out the number of SJP shares sold on 27 March 2015 at
GBP9.4267 pence per share by the Executive Directors, PDMRs and
Connected Person* in order to settle income tax and National
Insurance liabilities, column 3 sets out the number of additional
SJP shares sold at GBP9.4267, and Column 4 sets out the number of
SJP shares retained.
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
David 253,970 119,666 0 134,304
Bellamy
Andrew 324,378 153,055 85,554 85,769
Croft
Ian 324,378 153,167 130,134 41,077
Gascoigne
David Lamb 324,378 153,055 85,554 85,769
1 2 3 4
Name Number of SJP Number of SJP Number Number of SJP
of shares shares sold of shares
PDMR/Connected exercised to meet tax additional retained
Person* liability SJP shares
sold
Tony Dunk 76,174 35,951 20,095 20,128
Mike 140,038 66,077 36,933 37,028
Gravestock**
Iain Rayner 29,885 14,102 7,881 7,902
Ian 44,660 21,073 11,779 11,808
MacKenzie
**This relates to an exercise by Mike Gravestock of 73,862 SJP
shares, and an exercise of 66,176 SJP shares by his Connected
Person.
On 27 March 2015, the following transfers took place:
-- Mr Bellamy transferred 105,000 SJP shares by way of gift to members of
his immediate family, and 25,000 SJP shares by way of gift to
a
charitable trust. Following these transfers, Mr Bellamy retained
4,304
of the SJP shares acquired on exercise.
-- Mr Lamb transferred 85,769 SJP shares by way of gift to his Connected
Person.
-- Mr Gascoigne transferred 41,077 SJP shares by way of gift to his
Connected Person.
-- Mr Dunk transferred 20,128 SJP shares by way of gift to his Connected
Person.
SJP Performance Share Plan 2005 ("PSP") and linked Company Share
Option Plan 2010 ("CSOP")
In March 2012, a PDMR, Tony Dunk, was awarded a CSOP-linked
award, whereby he was granted a nil-cost unapproved option pursuant
to the PSP and a linked HMRC-approved CSOP share option. Mr Dunk
exercised the linked CSOP award on 27 March 2015 with an exercise
price of GBP3.6475 per share and, as a result, his linked PSP award
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 27 March 2015, and
column 2 sets out the number of SJP shares sold on 27 March 2015 at
GBP9.4267 pence per share by Mr Dunk and his Connected Person.
Column 3 sets out the number of shares that have lapsed under the
linked PSP award as a result of this exercise, and Column 4 sets
out the number of PSP award shares retained under the linked PSP
award.
1 2 3 4
Name of PDMR Number Number of SJP Number of SJP Number of
of SJP shares shares shares
shares sold** that have retained under
acquired lapsed the linked
on exercise under the PSP award
of linked
CSOP PSP award
option
Tony Dunk 3,784 3,784 2,320 33,611
**On 27 March 2015, Mr Dunk sold 1,892 SJP shares and also
transferred 1,892 SJP shares to his Connected Person, who sold the
said 1,892 SJP shares at GBP9.4267 pence per share.
Current Holdings
The table below sets out the current holdings of the said
Executive Directors and PDMRs in SJP ordinary shares after the
above transactions:
Name of Director Number of SJP shares held
David Bellamy 1,260,040
Andrew Croft 887,527
Ian Gascoigne 692,511
David Lamb 458,073
Name of PDMR/Connected Person* Number of SJP shares held
Tony Dunk 415,060
Mike Gravestock* 312,386
Iain Rayner 36,466
Ian MacKenzie 60,190
(i) *The interests of the Directors and PDMRs include those of
their Connected Persons as defined in section 96B(2) of the
Financial Services and Markets Act. The Connected Person of Mike
Gravestock is Sonia Gravestock; the Connected Person of David Lamb
is Sally Lamb; the connected Person of Ian Gascoigne is Gail
Gascoigne; and the Connected Person of Tony Dunk is Angela
Dunk.
(ii) The interests of the Directors and PDMRs include deferred
bonus scheme awards held in trust for the Directors and PDMRs which
have not yet vested and are subject to forfeiture.
This notification is made in accordance with Disclosure and
Transparency Rule 3.1.4R(1)(a).
With the exception of the changes notified in this announcement,
the executive Directors' and PDMRs' shareholdings in SJP are
unchanged.
Deputy Company Secretary, Tel: +44 (0)1285 878762
End
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