St. James's Place Director/PDMR Shareholding
October 17 2016 - 9:43AM
UK Regulatory
TIDMSTJ
St. James's Place plc ("SJP")
SJP has been notified that on 26 September 2016 Mr Craig Gentle
was awarded SJP share options over SJP ordinary 15p shares. Mr
Gentle is a Persons Discharging Managerial Responsibilities
("PDMRs").
Mr Gentle has been awarded a Nil Cost Option under the SJP
Performance Share Plan ("PSP") over 48,805 SJP ordinary 15p shares
and a Linked Option granted under the SJP Company Share Option Plan
("CSOP") over 3,082 SJP ordinary 15p shares with an exercise price
of GBP9.7325 per share.
The award under the PSP and CSOP vest in three years and are
exercisable between the 26 September 2019 and 26 September 2022,
subject to the achievement of prescribed performance targets over a
three-year performance period that commenced on 1 January 2016 and
will end on 31 December 2018. Two thirds of the award will be
dependent on growth in adjusted earnings per share and one third on
total shareholder return. Further details of the performance
conditions are set out in the SJP Report & Accounts.
To the extent that Mr Gentle can exercise his option under the
CSOP, this will result in the number of shares that can be
exercised under the PSP reducing in accordance with the terms of
the PSP scheme rules.
Additional Holdings
Mr Gentle had no holdings in SJP shares prior to the above
award. This includes the interests of Persons Closely Associated
with Mr Gentle as defined in Article 3(26) of the EC Market Abuse
Regulations.
Deputy Company Secretary, Tel: +44 (0)1285 717318
End
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