Director/PDMR Grant of LTIP Award

RNS Number : 2425G
Diploma PLC
24 November 2020
 

 

DIPLOMA   PLC

    12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

 

FOR IMMEDIATE RELEASE

 

24 November 2020

 

 

DIPLOMA PLC

 LONG TERM INCENTIVE AWARDS TO EXECUTIVE DIRECTORS

 

 

The Remuneration Committee has approved the grant of long-term incentive Awards of Ordinary Shares of 5p each in Diploma PLC to the Executive Directors on 23 November 2020 under the Diploma PLC 2020 Performance Share Plan ("PSP"):

 


PSP Award Shares

Share Price

JD Thomson

74,804 Ordinary Shares

£23.06

B Gibbes

25,802 Ordinary Shares

£23.06

 

The Awards are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2023 and the number of Ordinary Shares shown above represent the maximum number of shares which may vest in connection with these Awards.

 

A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2020 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 2020 will also be available on the Company's website at www.diplomaplc.com  

 

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.

JD Thomson



2.

B Gibbes





 

2

 

Reason for the notification

 

a)

Position/Status

 

1.

Chief Executive Officer



2.

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 £23.06

74,804

2.

Grant at £23.06

25,802

 

d)

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 


Price

Volume

1.

Grant at £23.06

74,804

2.

Grant at £23.06

25,802

e)

Date of the transaction

 

23 November 2020

f)

Place of the transaction

 

London Stock Exchange, United Kingdom

 

 

 

For further enquiries please contact:




J Morrison, Group Company Secretary

020 7549 5700

 

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