Director/PDMR Shareholding

RNS Number : 2642U
Diploma PLC
21 November 2019
 

 

DIPLOMA PLC

                                           12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

 

FOR IMMEDIATE RELEASE

 

21 November 2019

 

 

DIPLOMA PLC (the "Company")

 

DIRECTOR / PDMR Dealings

 

Diploma PLC has been notified that Nigel Lingwood has exercised his options over 55,035 Ordinary Shares of 5p each in the Company ("Shares"). These options vested in relation to a share award granted on 22 December 2016 under the Diploma PLC 2011 Performance Share Plan ("PSP"). As a consequence, Nigel Lingwood has become entitled to acquire Shares in the Company as set out below. 

 

This award crystallised after meeting performance conditions measured over a three-year period ended 30 September 2019. Further details relating to the performance conditions of these awards are set out in the Annual Report & Accounts 2019, which will be mailed to shareholders on 6 December 2019.

 

The number of Shares acquired by Nigel Lingwood has been reduced as part of arrangements under which the Company will settle the PAYE liability of Nigel Lingwood 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 Nigel Lingwood.

 

Number of Shares


Total Shares Vested

PAYE Adjustment

Total Shares Acquired

 

Market Price

NP Lingwood

55,035

(25,866)

29,169

1755p

 

Following the above transaction, Nigel Lingwood disposed of 29,169 Shares on 20 November 2019 at a price of £17.55. After this transaction, Nigel Lingwood retains 100,000 shares in the Company which represents 0.09% of the issued share capital.

 

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

 

NP Lingwood

 

2

 

Reason for the notification

 

a)

Position/Status

 

Group Finance Director

b)

Initial notification/Amendment

 

Initial notification

 

3

 

Details of the issuer

 

a)

Name

 

Diploma PLC

b)

LEI

 

2138008OG17VYG8FGR19

 

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

 


Exercise and sale of shares



c)

Price(s) and volume(s)

 

 


Price

Volume


1755p

29,169

          

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 


Price

Volume


1755p

29,169

e)

Date of the transaction

 

20 November 2019

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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