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Diploma PLC - Director / PDMR Grant of LTIP Award

RNS Number : 9055X
Diploma PLC
24 December 2019
 

 

DIPLOMA PLC

                                           12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

 

FOR IMMEDIATE RELEASE

 

24 December 2019

 

 

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 under the Diploma PLC 2011 Performance Share Plan ("PSP"):

 


PSP Award Shares

Share Price

JD Thomson

85,481 Ordinary Shares

£20.18

NP Lingwood

29,701 Ordinary Shares

£20.18

 

The Awards are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2022 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 2019 that was sent to Shareholders on 6 December 2019. The Annual Report & Accounts 2019 is also 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.

NP Lingwood





 

2

 

Reason for the notification

 

a)

Position/Status

 

1.

Chief Executive Officer



2.

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

 

1.

Grant of PSP Shares



2.

Grant of PSP shares



c)

Price(s) and volume(s)

 

 


Price

Volume

1.

Grant at £20.18

85,481

2.

Grant at £20.18

29,701

          

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 


Price

Volume

1.

Grant at £20.18

85,481

2.

Grant at £20.18

29,701

e)

Date of the transaction

 

23 December 2019

f)

Place of the transaction

 

London Stock Exchange, United Kingdom

 

 

 

For further enquiries please contact:




AJ Gallagher, Group Company Secretary

020 7549 5700

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Diploma PLC

Price: 1542

Market: LSE
Market Cap: £1.75 billion
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