Diploma PLC

Remuneration Information • Nov 29, 2022

National Storage Mechanism | Additional information

RNS Number : 8054H

Diploma PLC

29 November 2022

				10-11 CHARTERHOUSE SQUARE, LONDON EC1M 6EE TELEPHONE: +44 (0)20 7549 5700 FACSIMILE: +44 (0)20 7549 5715
				29 November 2022

LONG TERM INCENTIVE AWARDS TO EXECUTIVE DIRECTORS

The Remuneration Committee of Diploma PLC has approved the grant of two long-term incentive Awards of Ordinary Shares of 5p each in Diploma PLC to Chris Davies, Chief Financial Officer on 28 November 2022 under the Diploma PLC 2020 Performance Share Plan ("PSP") (together the "Awards"):

	PSP Award Shares	Share Price
Buyout Award	7,694 Ordinary Shares	£28.62
2022 PSP Award	28,773 Ordinary Shares	£28.62

The Buyout Award has been granted on the same basis as for other employees who participated in the 2021 PSP (including as to performance measures over the three year period ending 30 September 2024) save that the amount has been determined to compensate Chris Davies for the forfeiture of incentive arrangements held with his previous employer, National Express. 

The 2022 PSP Award has been granted on the same basis as for other employees who are participating in the 2022 PSP (including as to performance measures over the three year period ending 30 September 2025) save for the fact that it has been prorated for Chris Davies' start date.

A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2022 that will be sent to Shareholders in due course. A further announcement will be made when the Annual Report & Accounts is dispatched to Shareholders. The Annual Report & Accounts 2022 will also be available on the Company's website at www.diplomaplc.com

The Notification of Dealing Form can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation.

1

Details of the Director/PDMR/PCA

a)

Name

1.	C Davies

2

Reason for the notification

a)

Position/Status

1.	Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer

a)

Name

Diploma PLC

b)

LEI

2138008OGI7VYG8FGR19

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.	Grant of PSP Shares
2.	Grant of PSP shares

c)

Price(s) and volume(s)

	Price	Volume
1.	Grant at £28.62	7,694
2.	Grant at £28.62	28,773

d)

Aggregated information

-     Aggregated volume

-     Price

	Price	Volume
1.	Grant at £28.62	7,694
2.	Grant at £28.62	28,773

e)

Date of the transaction

28 November 2022

f)

Place of the transaction

London Stock Exchange, United Kingdom

For further information, please contact:

J Morrison, Group Company Secretary	+44 (0)20 7549 5700

Further information on Diploma PLC can be found at www.diplomaplc.com

LEI: 2138008OGI7VYG8FGR19

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