8th Dec 2009 11:48
SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
ABERDEEN ASSET MANAGEMENT PLC
2. Name of director
a) Martin J Gilbert
b) William J Rattray
c) Andrew A Laing
3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest
OWN NAME
4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified)
OWN NAME
5. Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s)
N/A
6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary
SALE OF SHARES AWARDED UNDER THE COMPANY'S DEFERRED SHARE AWARD PLAN (TO FUND TAX PAYABLE ON THE AWARD)
7. Number of shares / amount of stock acquired
N/A
8. Percentage of issued class
N/A
9. Number of shares/amount of stock disposed
a) 247,527
b) 32,463
c) 32,463
10. Percentage of issued class
a) 0.02%
b) 0.003%
c) 0.003%
11. Class of security
ORDINARY SHARES OF £0.10
12. Price per share
£1.39
13. Date of transaction
4 December 2009
14. Date company informed
7 December 2009
15. Total holding following this notification
a) 8,226,166
b) 2,291,177
c) 1,039,438
16. Total percentage holding of issued class following this notification
a) 0.81%
b) 0.23%
c) 0.10%
If a director has been granted options by the company please complete the following boxes.
17. Date of grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved: class, number
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
N/A
22. Total number of shares or debentures over which options held following this notification
N/A
23. Any additional information
SHARES SOLD TO FUND TAX LIABILITIES WHICH CRYSTALLISED ON ORDINARY SHARES AWARDED UNDER THE COMPANY'S DEFERRED SHARE AWARD PLAN IN 2008, WHICH HAVE NOW VESTED INTO THE NAMES OF MARTIN GILBERT, ANDREW LAING AND BILL RATTRAY. THESE AWARDS REPRESENT AN ELEMENT OF THE DIRECTORS' ANNUAL BONUSES EARNED UNDER THE ANNUAL BONUS SCHEME FOR 2008.
MR GILBERT RECEIVED 603,722 SHARES OF WHICH 247,527 HAVE BEEN SOLD TO FUND TAX LIABILITIES.
MR LAING RECEIVED 79,177 SHARES OF WHICH 32,463 HAVE BEEN SOLD TO FUND TAX LIABILITIES.
MR RATTRAY RECEIVED 79,177 SHARES OF WHICH 32,463 HAVE BEEN SOLD TO FUND TAX LIABILITIES.
THESE AWARDS, WHICH WERE MORE FULLY REPORTED IN THE 2008 ANNUAL REPORT AND ACCOUNTS, REPRESENT ONE THIRD OF THE AWARDS MADE IN DECEMBER 2008, WITH THE REMAINING TWO THIRDS SCHEDULED TO VEST IN DECEMBER 2010 AND DECEMBER 2011 SUBJECT TO THE DIRECTORS REMAINING EMPLOYED BY THE COMPANY ON THE DATES OF VESTING.
24. Name of contact and telephone number for queries
SCOTT MASSIE, COMPANY SECRETARY, 01224 631999
25. Name and signature of authorised company official responsible for making this notification
SCOTT MASSIE
Date of Notification
8 DECEMBER 2009
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