Director/PDMR Shareholding

Derwent London

20/03/2026 16:15

RNS Number : 5449X

Derwent London PLC

20 March 2026

 

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').

 

Vesting of Award

 

On 16 March 2026 the share-based awards granted by the Company on 14 March 2023 under the Derwent London Performance Share Plan 2014 (the 'Awards') vested and the PDMRs noted below acquired Shares in connection with the vesting of their Awards. On 19 March 2026, the PDMRs choose to sell a proportion of their vested Shares to discharge the relevant tax obligations, in all cases at an average price of £16.292700 per Share.

 

 

Name
Role
Vested
(Number)
Shares sold
 (Number)
Paul M Williams
Chief Executive
2,228
1,051
Damian M A Wisniewski
Chief Financial Officer
1,718
809
Nigel Q George
Director
1,718
809
Emily J Prideaux
Director
1,613
760

 

The Directors are each required to retain their net of tax liability number of vested Shares delivered under this Award for at least two years from the point of vesting. 

 

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

 

20 March 2026

 

020 7659 3000

www.derwentlondon.com

 

 

 

The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.

 

1.
Details the person discharging managerial responsibilities / person closely associated
a)
Name
Paul M Williams
2.
Reason for the notification
a)
Position / status
Chief Executive
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
4A.
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
Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
2,228
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
Outside a trading venue
4B.
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
Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£16.292700
1,051
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
London Stock Exchange (XLON)


 

 

 

 

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
4A.
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
Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,718
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
Outside a trading venue
4B.
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
Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£16.292700
809
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
London Stock Exchange (XLON)


 

1.
Details the person discharging managerial responsibilities / person closely associated
a)
Name
Nigel Q George
2.
Reason for the notification
a)
Position / status
Director
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
4A.
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
Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,718
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
Outside a trading venue
4B.
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
Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£16.292700
809
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
London Stock Exchange (XLON)


 

1.
Details the person discharging managerial responsibilities / person closely associated
a)
Name
Emily J Prideaux
2.
Reason for the notification
a)
Position / status
Director
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
4A.
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
Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,613
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
Outside a trading venue
4B.
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
Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£16.292700
760
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
19 March 2026
f)
Place of the transaction
London Stock Exchange (XLON)


 

 

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