Derwent London PLC Director/PDMR Shareholding (8306N)
June 06 2022 - 9:00AM
UK Regulatory
TIDMDLN
RNS Number : 8306N
Derwent London PLC
06 June 2022
For immediate release
Derwent London plc
("Derwent London"/"the Company")
Notification of interests of Directors and Persons
Discharging
Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of
Directors in the Company's ordinary shares of 5p each
('Shares').
Exercise of Options
On 1 June 2022, the Options granted on 30 April 2019 pursuant to
the Derwent London Sharesave Plan ("Sharesave Plan") reached
maturity and became capable of exercise.
On the same date, the PDMRs noted below exercised their Options
and acquired Shares at the exercise price of GBP25.80. The exercise
price was set at the point of grant and was determined in
accordance with the valuation methodology agreed with HM Revenue
& Customs and the rules of the Sharesave Plan.
Name Role Options exercised
under Sharesave
Plan
(Number)
Paul Williams Chief Executive Officer 348
------------------------- ------------------
Damian Wisniewski Chief Financial Officer 348
------------------------- ------------------
Nigel George Director 348
------------------------- ------------------
This announcement is made in accordance with Article 19 of the
Market Abuse Regulation and Rule 3.1 of the Disclosure and
Transparency Rules.
Enquiries:
D A Lawler
Company Secretary
6 June 2022
020 7659 3000
www.derwentlondon.com
The information set out below is provided in accordance with the
requirements of the EU Market Abuse Regulation.
1. Details the person discharging managerial responsibilities
/ person closely associated
a) Name Paul Williams
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position / status Chief Executive Officer
------------------------------ ------------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Derwent London plc
------------------------------ ------------------------------------------
b) LEI 213800BXKQ9KZNUR1M61
------------------------------ ------------------------------------------
4. Details of the transaction (s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the
financial instrument, 5p Ordinary shares in Derwent London
type of instrument plc
Identification code
GB0002652740
-------------------------------- ----------------------------------------
b) Nature of the transaction Exercise of an option under the Derwent
London Sharesave Plan.
-------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP25.80 348
----------
-------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------- ----------------------------------------
e) Date of the transaction 1 June 2022
-------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
1. Details the person discharging managerial responsibilities
/ person closely associated
a) Name Damian Wisniewski
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position / status Chief Financial Officer
------------------------------ ------------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Derwent London plc
------------------------------ ------------------------------------------
b) LEI 213800BXKQ9KZNUR1M61
------------------------------ ------------------------------------------
4. Details of the transaction (s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the
financial instrument, 5p Ordinary shares in Derwent London
type of instrument plc
Identification code
GB0002652740
-------------------------------- ----------------------------------------
b) Nature of the transaction Exercise of an option under the Derwent
London Sharesave Plan.
-------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP25.80 348
----------
-------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------- ----------------------------------------
e) Date of the transaction 1 June 2022
-------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
1. Details the person discharging managerial responsibilities
/ person closely associated
a) Name Nigel George
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
a) Position / status Director
------------------------------ ------------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Derwent London plc
------------------------------ ------------------------------------------
b) LEI 213800BXKQ9KZNUR1M61
------------------------------ ------------------------------------------
4. Details of the transaction (s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the
financial instrument, 5p Ordinary shares in Derwent London
type of instrument plc
Identification code
GB0002652740
-------------------------------- ----------------------------------------
b) Nature of the transaction Exercise of an option under the Derwent
London Sharesave Plan.
-------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP25.80 348
----------
-------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
-------------------------------- ----------------------------------------
e) Date of the transaction 1 June 2022
-------------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
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END
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