abrdn plc
('the Company')
Notification of Interests of Executive Directors
The notification set out below is provided under Article 19 of the Market Abuse Regulation ('MAR').
On 26 September 2024, the Company granted to the individual noted below an award under the following plan. The abrdn plc Remuneration Committee determined that this supplementary LTIP grant would be appropriate to recognise the individual's CEO strategic contribution to abrdn from the point that they were appointed as Interim Group CEO on 24 May 2024.
abrdn plc Executive Long Term Incentive Plan - An award has been made in the form of a conditional award ('Award') to acquire ordinary shares in the Company, subject to the rules of the 2024 abrdn plc Executive Long Term Incentive Plan (the 'LTIP Plan') and pre-vesting performance conditions. The performance conditions are linked to compound annual growth rate in net capital generation per share and relative total shareholder return. Further details will be provided in the Directors' Remuneration Report in abrdn's Annual Report and Accounts 2024.
The Award will normally vest on the vesting date, only to the extent that the performance conditions have been met and in accordance with, and subject to, the rules of the LTIP Plan. Vested awards are subject to a holding period of two years commencing from the vesting date.
|
| Number of Shares awarded under the LTIP Plan |
| Executive Director | |
| Jason Windsor | 552,582 |
No consideration is payable on the grant or vesting of any of the Award set out above. The number of shares to which the Award relates will be increased by an additional number of shares equal in value to any dividends that would have been paid on all the shares in respect of which the Award is released, over the period from the grant date to the release date.
27 September 2024
Enquiries:
| | |
| Media Relations Sarah Moody Duncan Young
|
+44 (0) 7721 679 892 +44 (0) 7920 868 865
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| Institutional Equity Investors Duncan Heath
|
+44 (0) 207 156 2495
|
| Group Secretariat Iain Jones |
+44 (0) 7944 203 003
|
LEI number of abrdn plc: OTMBS544NMO7GLCE7H90
Classification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom
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