Schroders plc
("the Company")
The following notification made under article 19(1) of the Market Abuse Regulation ("MAR") relates to certain transactions by a Person Discharging Managerial Responsibilities in the shares. This announcement is made in accordance with Article 19(3) of MAR.
27 March 2020
Elinor Bell
Deputy Group Secretary
Tel: 020 7658 5063
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the persons discharging managerial responsibilities / person closely associated
a)
Name(s)
Richard Keers
2
Reason for the notification
Position/status
Chief Financial Officer
b)
Initial notification / Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
LEI
2138001YYBULX5SZ2H24
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
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of £1 each
GB0002405495
Nature of the transaction
1. Exercise of Long Term Incentive Plan over 5,716 ordinary shares at nil cost.
2. Subsequent sale of 2,695 of these shares sold at £23.50 to cover tax and dealing costs. The balance of 3,021 shares was retained.
c)
Price(s) and volume(s)
Price
Volume
1. Nil cost
5,716
2. £23.50
2,695
d)
Aggregated information
N/A
e)
Date of the transactions
25 March 2020
f)
Place of the transactions
London Stock Exchange, Main Market (XLON)