Schroders plc
(the "Company")
The following notification made under Article 19(1) of the UK Market Abuse Regulation ("UK MAR") relates to the transfers of 4,756,775 ordinary shares in the Company by (i) Veritas Limited, a member of the Company's principal shareholder group (the "PSG"), in its capacity as trustee of a trust in which Claire Fitzalan Howard (another member of the PSG) had a life interest, to Claire Fitzalan Howard, and (ii) by Claire Fitzalan Howard to other members of the PSG (not including Veritas Limited). Accordingly, following the transfers, each of Veritas Limited's and Claire Fitzalan Howard's interest in the shares of the Company has reduced by 4,756,775 shares but the overall shareholding of the PSG in the Company remains unchanged. This announcement is made in accordance with Article 19(3) of UK MAR.
23 October 2024
Kate Graham
Group Company Secretary
Schroders plc
Tel: 0207 658 8272
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
Claire Fitzalan Howard
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||
| a | Name | 1. Claire Fitzalan Howard 2. Veritas Limited as trustee of a trust in which Claire Fitzalan Howard has a life interest 3. Fervida Limited as a protector company of the trust noted at 2. above | ||
| 2 | Reason for the notification | |||
| 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. | ||
| b | Initial notification / Amendment | Initial notification | ||
| 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 | Transfer (for no consideration) of ordinary shares of 20 pence each
| ||
| c | Price(s) and volume(s)
| | Price | Volume |
| Veritas Limited | N/A | 4,756,775 | ||
| Fervida Limited | N/A | 4,756,775 | ||
| Claire Fitzalan Howard | N/A | 4,756,775 | ||
|
Note: The transaction disclosed in respect of Fervida Limited is in respect of shareholdings held by Veritas Limited, trustee of a trust of which Fervida Limited is protector.
| ||||
| d | Aggregated information - Aggregated volume | N/A (single transactions) | ||
| | - Price | N/A (single transactions) | ||
| e | Date of the transaction | 22 October 2024 | ||
| f | Place of the transaction | Outside a trading venue | ||
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