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DIALIGHT PLC Remuneration Information 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 4656H
Dialight PLC
06 April 2022
Dialight plc
(the "Company")
Director / PDMR Shareholding
Options and Awards under the Dialight plc 2014 Performance Share Plan ("PSP")
On 5 April 2022 the under-mentioned Directors / Persons Discharging Managerial Responsibility were each granted a nil cost option which entitled them to receive ordinary shares of 1.89 pence each in the Company in accordance with the rules of the Dialight PLC 2014 Performance Share Plan ("PSP").
| Name | Number of nil cost Options granted under the PSP |
| Fariyal Khanbabi | 79,120 |
| Clive Jennings | 41,201 |
| Richard Allan | 14,157 |
On 5 April 2022 the under-mentioned Persons Discharging Managerial Responsibility, were granted a conditional award, which entitled them to acquire ordinary shares of 1.89 pence each at nil cost in the Company in accordance with the rules of the PSP.
| Name | Number of shares awarded under the PSP |
| Rizwan Ahmad | 14,157 |
| Matt Boudiette | 14,157 |
| Tim Cillessen | 14,157 |
Options and awards will normally vest on the third anniversary of grant subject to continued employment.
No consideration was paid for the grant of these options and awards and no consideration is due to be paid by the participants on the vesting of these options and awards. On vesting, options will be exercisable between 5 April 2025 and 5 April 2027. In respect of Fariyal Khanbabi and Clive Jennings, a mandatory two-year post-vesting holding period applies to each award.
The notifications below, which have been made in accordance with the requirement of the UK Market Abuse Regulation provide further details.
Richard Allan
General Counsel & Company Secretary
DD: +44 (0) 203 058 3546
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of PDMR / person closely associated
a)
Name
Rizwan Ahmad
2.
Reason for the notification
a)
Position / Status
PDMR - VP - Technology and Engineering
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Conditional award over 14,157 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 14,157 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
1
Details of PDMR / person closely associated
a)
Name
Matt Boudiette
2.
Reason for the notification
a)
Position / Status
PDMR - VP and General Manager
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Conditional award over 14,157 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 14,157 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
1
Details of PDMR / person closely associated
a)
Name
Tim Cillessen
2.
Reason for the notification
a)
Position / Status
PDMR - VP Sales, Americas
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Conditional award over 14,157 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 14,157 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
1
Details of PDMR / person closely associated
a)
Name
Fariyal Khanbabi
2.
Reason for the notification
a)
Position / Status
Director - Group 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
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Grant of a nil-cost option over 79,120 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 79,120 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
1
Details of PDMR / person closely associated
a)
Name
Clive Jennings
2.
Reason for the notification
a)
Position / Status
Director - 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
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Grant of a nil-cost option over 41,201 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 41,201 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
1
Details of PDMR / person closely associated
a)
Name
Richard Allan
2.
Reason for the notification
a)
Position / Status
PDMR - General Counsel and Company Secretary
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
Identification code
Ordinary shares of 1.89 pence each in Dialight plc
GB0033057794
b)
Nature of the transaction
Grant of a nil-cost option over 14,157 ordinary shares under the Dialight PLC 2014 Performance Share Plan.
c)
Price (pence) and volume
| Price(s) | Volume(s) |
| 0.00 | 14,157 |
d)
Aggregated information
- Aggregated volume
- Price (pence)
Not applicable - single transaction
e)
Date of the transaction
5 April 2022
f)
Place of the transaction
Outside a trading venue
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