REG - Derwent London PLC - Director/PDMR Shareholding

Derwent LondonAnnouncement

06/06/2022 14:00

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RNS Number : 8306N  Derwent London PLC  06 June 2022

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').

 

Exercise of Options

 

On 1 June 2022, the Options granted on 30 April 2019 pursuant to the Derwent
London Sharesave Plan ("Sharesave Plan") reached maturity and became capable
of exercise.

 

On the same date, the PDMRs noted below exercised their Options and acquired
Shares at the exercise price of £25.80. The exercise price was set at the
point of grant and was determined in accordance with the valuation methodology
agreed with HM Revenue & Customs and the rules of the Sharesave Plan.

 

 Name               Role                     Options exercised under Sharesave Plan

                                             (Number)
 Paul Williams      Chief Executive Officer  348
 Damian Wisniewski  Chief Financial Officer  348
 Nigel George       Director                 348

 

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

 

6 June 2022

 

020 7659 3000

www.derwentlondon.com (http://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                                                              Paul Williams
 2.  Reason for the notification
 a)  Position / status                 Chief Executive 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                                         Exercise of an option under the Derwent London Sharesave Plan.
 c)  Price(s) and volume(s)                                            Price(s)  Volume(s)
                                                                       £25.80    348

 

 d)  Aggregated information

     -      Aggregated volume                                          Not applicable - single transaction

     -      Price
 e)  Date of the transaction                                           1 June 2022
 f)  Place of the transaction                                          Outside a trading venue

 

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

Not applicable - single transaction

e)

Date of the transaction

1 June 2022

f)

Place of the transaction

Outside a trading venue

 

 

 1.  Details the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                              Damian 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                                         Exercise of an option under the Derwent London Sharesave Plan.
 c)  Price(s) and volume(s)                                            Price(s)  Volume(s)
                                                                       £25.80    348

 

 d)  Aggregated information

     -      Aggregated volume                                          Not applicable - single transaction

     -      Price
 e)  Date of the transaction                                           1 June 2022
 f)  Place of the transaction                                          Outside a trading venue

 

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

Not applicable - single transaction

e)

Date of the transaction

1 June 2022

f)

Place of the transaction

Outside a trading venue

 

 1.  Details the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                              Nigel 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
 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                                         Exercise of an option under the Derwent London Sharesave Plan.
 c)  Price(s) and volume(s)                                            Price(s)  Volume(s)
                                                                       £25.80    348

 

 d)  Aggregated information

     -      Aggregated volume                                          Not applicable - single transaction

     -      Price
 e)  Date of the transaction                                           1 June 2022
 f)  Place of the transaction                                          Outside a trading venue

 

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

Not applicable - single transaction

e)

Date of the transaction

1 June 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

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