Diploma PLC — Director's Dealing 2016

Nov 30, 2016

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RNS Number : 5997Q

Diploma PLC

30 November 2016

DIPLOMA PLC

12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

FOR IMMEDIATE RELEASE

30 November 2016

DIPLOMA PLC 

(the "Company")

DIRECTOR / PDMR Dealings

Diploma PLC has been notified that the following Directors have exercised in full, their options over Ordinary Shares of 5p each in the Company ("Shares") which vested, in connection with share awards granted on 9 December 2013 under the Diploma PLC 2011 Performance Share Plan ("PSP") and under the Diploma PLC 2011 Share Matching Plan ("SMP"). As a consequence, the Directors have become entitled to acquire Shares in the Company as set out below. 

These nil cost options relate to the three-year performance period ended 30 September 2016. Further details relating to the performance conditions of these awards are set out in the Annual Report & Accounts 2016 which will be mailed to shareholders on 8 December 2016.

The number of Shares acquired by the Directors has been reduced as part of arrangements under which the Company will settle the PAYE liability of the Directors which arises as a result of the exercise of the options.  The table below shows the total number of Shares vested, the PAYE adjustment on the vested Shares and the net number of Shares acquired by each Director.

Number of Shares
	Total Shares Vested	PAYE Adjustment	Total Shares Acquired	Market Price
BM Thompson	53,436	(25,115)	28,321	924p
NP Lingwood	34,599	(16,261)	18,338	924p

Following the above transaction, the Directors disposed of Shares on 29 November 2016 as follows:

Number of Shares
	Shares Sold	Shares Gifted*	Share Price	Resultant Beneficial Holding	% of Issued Share Capital
BM Thompson	128,321	5,000	924p	745,000	0.66%
NP Lingwood	18,338	-	924p	275,000	0.24%

*Mr BM Thompson, a Director of the Company, transferred 5,000 Shares in the Company for nil consideration to a charitable foundation of which Mr Thompson is a trustee. 

The notification set out below has been made in accordance with Article 19 of the EU Market Abuse Regulation.

1

Details of the Director/PDMR/PCA

a)

Name

1.	BM Thompson
2.	NP Lingwood

2

Reason for the notification

a)

Position/Status

1.	Chief Executive Officer
2.	Group Finance Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer

a)

Name

Diploma PLC

b)

LEI

N/A

4

Details of the transactions:

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5p each in the Company

GB0001826634

b)

Nature of the transaction

1.	Exercise, sale of shares and gift of shares
2.	Exercise and sale of shares

c)

Price(s) and volume(s)

	Price	Volume
1.	924p	128,321
	Gift	5,000
2.	924p	18,338

d)

Aggregated information

-     Aggregated volume

-     Price

	Price	Volume
1.	924p	128,321
	Gift	5,000
2.	924p	18,338

e)

Date of the transaction

29 November 2016

f)

Place of the transaction

London Stock Exchange, United Kingdom

For further information, please contact:

Diploma PLC -	+44 (0)20 7549 5700
Anthony Gallagher, Group Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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