Standard Chartered grants 2.6m share awards to employees

Standard Chartered PLC announced on November 17, 2025, the grant of 2,597,881 conditional rights over ordinary shares to eligible employees. These awards, valued at a nil purchase price per share, are part of the company's 2021 Standard Chartered Share Plan. The closing market price of the company's shares on the London Stock Exchange on the grant date was £15.98.

The granted awards are deferred share awards, with vesting periods varying between one and three years for year-end variable compensation, depending on the company's deferral policy. Buy-out awards for new joiners vest between four months and four years, aligning with previous employers' vesting schedules. All awards are contingent on continued service and do not include performance measures.

Awards are subject to malus and clawback provisions for up to 10 years, linked to risk, control, and conduct behaviors. The maximum number of shares available for future grants under all company share plans is 116,149,085. None of the grantees are directors, chief executives, or substantial shareholders of the company.