STANDARD Life executives have received close to £10 million worth of shares after long term incentive plans vested.

Chief executive David Nish got more than £4.45m of shares through two different award plans.

Mr Nish sold almost £2.1m of the stock in order to cover the tax liabilities but retained 494,482 shares from the award.

That took his total holding in the insurer and asset manager to more than 2.3 million shares.

Standard Life Investments boss Keith Skeoch was given around £3.8m through the vesting of three separate schemes.

He sold £1.78m worth to meet the tax liability retaining 417,659 shares to take his total holding to almost two million.

Meanwhile European and UK chief executive Paul Matthews received about £1.5m of shares from the bonus schemes and sold all of them.

Standard Life shares closed at 475.6p.