Schroders plc
(the "Company")
Earlier today, members of the Company's principal shareholder group (the "PSG") announced that they had completed the purchase of approximately 1% of the Company's shares pursuant to a forward purchase agreement entered into with UBS and first announced on 29 December 2022 (the "1% Bounceback").
The following notifications made under Article 19(1) of the UK Market Abuse Regulation ("MAR") relate to the impact of completion of the 1% Bounceback on the shareholdings of Company directors forming part of the PSG (and persons closely associated with them for the purposes of MAR).
23 March 2023
Elinor Bell
Deputy Group Secretary
Schroders plc
Tel: 020 7658 5063
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
Claire Fitzalan Howard
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a |
Name |
1. Claire Fitzalan Howard 2. Vincitas Limited, Veritas Limited, Alster Limited and Treva Limited, each as a trustee company of various trusts settled by the Schroder family of which Claire Fitzalan Howard is a potential beneficiary 3. Flavida Limited and Fervida Limited, each as a protector company of the trusts noted at 2. above |
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|
2 |
Reason for the notification |
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|
a |
Position / status |
1. Non-executive director of the Company 2 - 3. These companies are persons closely associated with Claire Fitzalan Howard for the purposes of MAR |
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|
b |
Initial notification / Amendment |
Initial notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a |
Name |
Schroders plc |
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|
b |
LEI |
2138001YYBULX5SZ2H24 |
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|
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 |
|||
|
a |
Description of the financial instrument, type of instrument |
Ordinary shares of 20 pence each |
||
|
|
Identification code |
GB00BP9LHF23 |
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|
b |
Nature of the transaction |
Purchase of ordinary shares of 20 pence each
|
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|
c |
Price(s) and volume(s)
|
|
Price |
Volume |
|
Claire Fitzalan Howard |
£4.740962 |
114,437 |
||
|
Vincitas Limited |
£4.740962 |
8,873,754 |
||
|
Veritas Limited |
£4.740962 |
5,018,905 |
||
|
Alster Limited |
£4.740962 |
463,077 |
||
|
Treva Limited |
£4.740962 |
35,602 |
||
|
Flavida Limited |
£4.740962 |
8,909,356 |
||
|
Fervida Limited |
£4.740962 |
5,481,982 |
||
|
Note: transactions disclosed in respect of Flavida Limited and Fervida Limited are in respect of shareholdings held by Vincitas Limited, Veritas Limited, Alster Limited and/or Treva Limited, trustees of trusts settled by the Schroder family of which Flavida Limited and Fervida Limited are protectors. |
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|
d |
Aggregated information - Aggregated volume |
|
||
|
|
- Price |
N/A |
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|
e |
Date of the transaction |
20 March 2023 |
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|
f |
Place of the transaction |
Outside a trading venue |
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Leonie Schroder
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||
|
a |
Name |
1. Leonie Schroder 2. Vincitas Limited, Veritas Limited, Alster Limited and Treva Limited, each as a trustee company of various trusts settled by the Schroder family of which Leonie Schroder or persons closely associated with her are a potential beneficiary 3. Flavida Limited and Fervida Limited, each as a protector company of the trusts noted at 2. above 4. MEB Investments Limited, CRH Investments Limited and JMF Investments Limited, each an investment company controlled by Lionel Trustees I Limited and Lionel Trustees II Limited |
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|
2 |
Reason for the notification |
|||
|
a |
Position / status |
1. Non-executive director of the Company 2 - 4. These companies are persons closely associated with Leonie Schroder for the purposes of MAR |
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|
b |
Initial notification / Amendment |
Initial notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a |
Name |
Schroders plc |
||
|
b |
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 |
|||
|
a |
Description of the financial instrument, type of instrument |
Ordinary shares of 20 pence each |
||
|
|
Identification code |
GB00BP9LHF23 |
||
|
b |
Nature of the transaction |
Purchase of ordinary shares of 20 pence each
|
||
|
c |
Price(s) and volume(s)
|
|
Price |
Volume |
|
Leonie Schroder |
£4.740962 |
241,963 |
||
|
Vincitas Limited |
£4.740962 |
8,873,754 |
||
|
Veritas Limited |
£4.740962 |
5,513,818 |
||
|
Alster Limited |
£4.740962 |
132,393 |
||
|
Treva Limited |
£4.740962 |
35,602 |
||
|
Flavida Limited |
£4.740962 |
8,909,356 |
||
|
Fervida Limited |
£4.740962 |
5,577,314 |
||
|
MEB Investments Limited |
£4.740962 |
225,402 |
||
|
CRH Investments Limited |
£4.740962 |
225,401 |
||
|
JMF Investments Limited |
£4.740962 |
225,402 |
||
|
Note: transactions disclosed in respect of Flavida Limited and Fervida Limited are in respect of shareholdings held by Vincitas Limited, Veritas Limited, Alster Limited and/or Treva Limited, trustees of trusts settled by the Schroder family of which Flavida Limited and Fervida Limited are protectors. |
||||
|
d |
Aggregated information - Aggregated volume |
|
||
|
|
- Price |
N/A |
||
|
e |
Date of the transaction |
20 March 2023 |
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|
f |
Place of the transaction |
Outside a trading venue |
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