News

1.

Name of the issuer

SCHRODERS PLC

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R, 

(ii) a disclosure made in accordance 

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

LR 9.8.6R(1)

3.

Name of person discharging managerial

responsibilities/director

MICHAEL DOBSON

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

Interest. 

THE NOTIFICATION IS IN RESPECT OF 3 ABOVE

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

NON-VOTING ORDINARY SHARES OF £1

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8.

State the nature of the transaction

EXERCISE OF UNAPPROVED SHARE OPTIONS AND EXERCISE OF ECP AWARDS AND SUBSEQUENT PARTIAL SALE OF SHARES TO COVER COST OF EXERCISE AND TAX

9.

Number of shares, debentures or financial

instruments relating to shares acquired

2001 OPTION - 495,748 NON-VOTING ORDINARY SHARES OF £1

2002 OPTION - 250,000 NON-VOTING ORDINARY SHARES OF £1

2003 OPTION - 150,000 NON-VOTING ORDINARY SHARES OF £1

2003 ECP - 381,442 NON-VOTING ORDINARY SHARES OF £1

2004 ECP - 524,843 NON-VOTING ORDINARY SHARES OF £1

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

2.948% OF ISSUED CLASS

11.

Number of shares, debentures or financial

instruments relating to shares disposed

1,067,997 NON-VOTING ORDINARY SHARES OF £1

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

1.747% OF ISSUED CLASS

13.

Price per share or value of transaction

2001 OPTION - EXERCISED AT £7.055

2002 OPTION - EXERCISED AT £4.83

2003 OPTION - EXERCISED AT £3.98

2003 ECP - NIL COST OPTION

2004 ECP - NIL COST OPTION

1,061,902 SHARES SUBSEQUENTLY SOLD AT £9.55 ON 16 NOVEMBER AND 6,095 SHARES SUBSEQUENTLY SOLD AT £10.22402 ON 17 NOVEMBER

14.

Date and place of transaction

16 AND 17 NOVEMBER 2009

LONDON

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

745,141 - 1.219% - non-voting ordinary shares held

309,751 - 0.507% - Rights to non-voting ordinary shares

16.

Date issuer informed of transaction

16 AND 17 NOVEMBER 2009

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 and number)

N/A

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

N/A

22.

Total number of shares or debentures over which options held following notification

N/A

23.

Any additional information

N/A

24.

Name of contact and telephone number for queries

HANNAH ASHDOWN

ASSISTANT COMPANY SECRETARY

020 7658 6208