REG - Dialight PLC - Director/PDMR Shareholding

DialightAnnouncement

04/07/2025 07:00

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RNS Number : 6993P  Dialight PLC  03 July 2025

Dialight PLC

03 July 2025

 

Director / PDMR Shareholding

Grant of units under the Dialight plc (Dialight) 2024 Value Creation Plan
(VCP)

 

At Dialight's 2024 AGM a resolution was passed approving the creation of the
VCP.  A copy of the VCP rules (VCP Rules) is available at
www.dialight.com/ir/shareholder-information/general-meetings/
(http://www.dialight.com/ir/shareholder-information/general-meetings/) .

 

On 3 July 2025, Mark Fryer (CFO) was granted 170 units in the VCP (Units) at a
share hurdle price of 350p/share (the Hurdle Price) in accordance with the VCP
Rules.  85 Units will have a performance testing period from 1 April 2024 to
31 March 2027 and 85 Units will have a performance testing period from 1 April
2024 to 31 March 2028.

 

Performance against the Hurdle Price (as may be adjusted under the VCP Rules)
will be tested at the end of each of the performance periods and share options
granted to the recipient in proportion to the extent to which the Hurdle Price
has been exceeded.  Any share options granted (or shares issued on exercise
of such options) will ordinarily be required to be held for a further 2 years
(subject to the VCP Rules) and are subject to malus and clawback provisions.

 

A nominal £1 will be paid by Mark Fryer in consideration of the grant of the
Units.

 

 1.   DETAILS OF PDMR / PERSON CLOSELY ASSOCIATED:
 (a)  Name                                                                 Mark Fryer
 2.   REASON FOR THE NOTIFICATION:
 (a)  Position / Status                                                    Director - Group CFO
 (b)  Initial notification / amendment                                     Initial notification
 3.   DETAILS OF THE ISSUER, EMISSION ALLOWANCE MARKET PARTICIPANT, AUCTION
      PLATFORM, AUCTIONEER OR AUCTION MONITOR:
 (a)  Name                                                                 Dialight plc
 (b)  LEI                                                                  2138001AD31KKD29Z495
 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          VCP Units entitling recipient to the grant of options over ordinary shares of
                                                                           1.89 pence each in Dialight plc in the event that certain performance
                                                                           conditions are met.
      Identification code                                                  GB0033057794
 (b)  Nature of the transaction                                            Grant of VCP Units awards entitling recipient to the issue of share options in
                                                                           Dialight plc under the Dialight PLC 2024 Value Creation Plan.
 (c)  Price (pence) and volume                                             Price(s):             N/A                   Volume(s):            170 Units
 (d)  Aggregated information                                               Not applicable - single transaction

      -   aggregated volume

      -   price (pence)
 (e)  Date of the transaction                                              3 July 2025
 (f)  Place of the transaction                                             Outside a trading venue

 

 

Contacts:

Dialight plc

Tel: +44 (0) 203 058 3525

Laura Walker -Company Secretary

LEI: 2138001AD31KKD29Z495

 

About Dialight:

Dialight (LSE: DIA.L) is a global leader in sustainable LED lighting for
industrial applications. Dialight's LED products are providing the next
generation of lighting solutions that deliver reduced energy consumption and
create a safer working environment. Our products are specifically designed to
provide superior operational performance, reliability and durability, reducing
energy consumption and ongoing maintenance and achieving a rapid return on
investment. The company is headquartered in the UK with operations in
Australia, Dubai, Germany, Malaysia, Mexico, Singapore, the UK and the USA.
www.dialight.com.

 

Notes:

The person responsible for making this announcement is Laura Walker, Company
Secretary of Dialight plc

 

 

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