Derwent London PLC Director/PDMR Shareholding
September 19 2024 - 5:00AM
RNS Regulatory News
RNS Number : 8754E
Derwent London PLC
19 September 2024
For immediate release
Derwent London plc
("Derwent London"/"the Company")
Notification of interests of
Directors and Persons Discharging
Managerial Responsibility ("PDMR")
The Company announces the following
changes to the interests of Directors in the Company's ordinary
shares of 5p each ('Shares').
Grant of Options
On 19 September 2024, the Company
granted options over 14,095 ordinary shares of 5 pence in the
Company ("Options"), in aggregate, pursuant to the Derwent London
Sharesave Plan ("Sharesave Plan").
The three-year contract for the
Options will start on 1 November 2024. These Options are
exercisable at a price of £19.00 per share from 1 November 2027 and
are not subject to any performance conditions. The exercise
price has been determined in accordance with the valuation
methodology agreed with HM Revenue & Customs and the rules of
the Sharesave Plan.
Within the Options described above,
the following Options were granted to PDMRs:
|
Name
|
Role
|
Options
granted under Sharesave Plan
|
|
Damian M A Wisniewski
|
Chief Financial Officer
|
244
|
This announcement is made in
accordance with Article 19 of the Market Abuse Regulation and Rule
3.1 of the Disclosure and Transparency Rules.
Enquiries:
D A Lawler
Company Secretary
19 September 2024
020 7659 3000
www.derwentlondon.com
The information set out below is
provided in accordance with the requirements of the EU Market Abuse
Regulation.
|
1.
|
Details the person discharging managerial responsibilities /
person closely associated
|
|
a)
|
Name
|
Damian M A Wisniewski
|
|
2.
|
Reason for the notification
|
|
a)
|
Position / status
|
Chief Financial Officer
|
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Derwent London plc
|
|
b)
|
LEI
|
213800BXKQ9KZNUR1M61
|
|
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
Identification code
|
5p Ordinary shares in Derwent London
plc
GB0002652740
|
|
b)
|
Nature of the transaction
|
Grant of an option under the Derwent
London Sharesave Plan.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£19.00
|
244
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
19 September 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
|
| |
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DSHFIFVAAIIALIS
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