AI Terminal
Derwent London PLC
Director's Dealing • Jun 6, 2022
4680_dirs_2022-06-06_3e16b78d-f336-4daf-be11-64b0c7e15e27.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
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
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
- 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
- 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
- Price
Not applicable - single transaction
e)
Date of the transaction
1 June 2022
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 [email protected] or visit 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.
END
DSHFIFFAREIRIIF