REG - Derwent London PLC - Director/PDMR Shareholding
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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 Shares sold
(Number)
(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 (http://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 Not applicable - single transaction
- Price
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 Not applicable - single transaction
- Price
e) Date of the transaction 19 March 2026
f) Place of the transaction London Stock Exchange (XLON)
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 Not applicable - single transaction
- Price
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 Not applicable - single transaction
- Price
e) Date of the transaction 19 March 2026
f) Place of the transaction London Stock Exchange (XLON)
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 Not applicable - single transaction
- Price
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 Not applicable - single transaction
- Price
e) Date of the transaction 19 March 2026
f) Place of the transaction London Stock Exchange (XLON)
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 Not applicable - single transaction
- Price
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 Not applicable - single transaction
- Price
e) Date of the transaction 19 March 2026
f) Place of the transaction London Stock Exchange (XLON)
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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