REG - Derwent London PLC - Director/PDMR Shareholding

Derwent LondonAnnouncement

19/09/2024 11:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240919:nRSS8754Ea&default-theme=true

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 (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                                                              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                                          Not applicable - single transaction

     -      Price
 e)  Date of the transaction                                           19 September 2024
 f)  Place of the transaction                                          Outside a trading venue

 

 

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

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFIFVAAIIALIS