Director/PDMR Shareholding

RNS Number : 3582J
Derwent London PLC
29 March 2010
 



 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

1

Name of Issuer


Derwent London Plc

 

2

State whether notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in accordance with s324 (as extended by s328) of the Companies Act 1985; or (iii) both (i) and (ii)


Notification in accordance with DR 3.1.4R (1)(a)

 

3

Name of person discharging managerial responsibilities / director


The Hon R A Rayne

 

4

State whether notification relates to a person connected with a person discharging managerial responsibilities / director named in 3 and identify the connected person


Named in 3

 

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest


Named in 3

 

6

Description of shares (including class), debentures or derivatives or financial instruments relating to shares


Ordinary 5p shares

 

7

Name of the registered shareholders and, if more than one, the number of shares held by each of them


Named in 3

 

8

State the nature of the transaction


Cash settlement of 225,401 options at £9.54 per share

 

9

Number of shares, debentures or financial instruments relating to shares acquired



10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)



11

Number of shares, debentures or financial instruments relating to shares disposed



12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)



13

Price per share or value of transaction


£13.20

 

14

Date and place of transaction


25th March, 2010.   London.

 

15

Total holding following this notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)


4,350,017

4.3%

 

16

Date issuer informed of transaction


26th March, 2010

 

 

If a person discharging managerial responsibilities/director has been granted options by the issuer please complete the following boxes

 

17

Date of grant



18

Period during which or date on which exercisable



19

Total amount paid (if any) for grant of the option



20

Description of shares or debentures involved (class and number)


 

 

21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise


 

 

22

Total number of shares or debentures over which options held following this notification



23

Any additional information


 

 

24

Name of contact and telephone number for queries


T J Kite                                                                                    T: 020 7659 3000

 

Name and signature of duly authorised officer of issuer responsible for making notification.

 

 

 

 

 

 

…………………………….      Date of notification      29th March, 2010

T J Kite

 

 


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