Derwent London PLC Director/PDMR Shareholding (6454V)
16 April 2021 - 1:45AM
UK Regulatory
TIDMDLN
RNS Number : 6454V
Derwent London PLC
15 April 2021
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 15 April 2021, the Company granted options over 13,914
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 June
2021. These Options are exercisable at a price of GBP25.93 per
share from 1 June 2024 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 173
------------------------- -----------------
Emily J Prideaux Director 347
------------------------- -----------------
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
15 April 2021
020 7659 3000
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 Initial notification
/ Amendment
------------------------------ ------------------------------------------
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, 5p Ordinary shares in Derwent London
type of instrument plc
Identification code
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)
GBP25.93 173
----------
-------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------- ----------------------------------------
e) Date of the transaction 15 April 2021
-------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
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 Initial notification
/ Amendment
------------------------------ ------------------------------------------
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, 5p Ordinary shares in Derwent London
type of instrument plc
Identification code
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)
GBP25.93 347
----------
-------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------- ----------------------------------------
e) Date of the transaction 15 April 2021
-------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
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END
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