Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDerwent London Regulatory News (DLN)

Share Price Information for Derwent London (DLN)

Share Price is delayed by 15 minutes
Get Live Data
1,870.00    -40.00 (-2.09%)
Bid:
1,869.00
Ask:
1,871.00
Spread: 2.00 (0.107%)
Market Cap: £2.09b
DLN Live PriceLast checked at - London Stock Exchange

Intraday Derwent London Share Chart

Director/PDMR Shareholding

5 Apr 2019 16:30

RNS Number : 3397V
Derwent London PLC
05 April 2019
 

For immediate release

 

 

Derwent London plc ("Derwent London"/"the Company")

 

Notification of interests of Directors and Persons DischargingManagerial Responsibility ("PDMR")

 

 

The Company announces the following changes to the interests of Directors in the Company's ordinary shares of 5p each ('Shares').

 

Vesting of Award

 

On 4 April 2019 the share-based awards granted by the Company on 4 April 2016 under the Derwent London Performance Share Plan 2014 (the 'Awards') vested and the PDMRs noted below acquired Shares in connection with the vesting of their Awards. On 5 April 2019, the PDMRs choose to sell a proportion of their vested Shares to discharge the relevant tax obligations, in all cases at an average price of £32.19 per Share.

 

 

Name

Role

Vested

(Number)

Shares sold(Number)

John D Burns

Chief Executive

20,546

9,265

Simon P Silver

Director

17,630

7,950

Damian M A Wisniewski

Finance Director

13,089

6,165

Paul M Williams

Director

13,089

6,165

Nigel Q George

Director

13,089

6,165

David G Silverman

Director

13,089

6,165

 

The Directors are each required to retain their net of tax liability number of vested Shares delivered under this Award for at least two years from the point of vesting.

 

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

 

5 April 2019

 

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

John D Burns

2.

Reason for the notification

a)

Position / status

Chief Executive

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

20,546

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

9,265

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

Simon P Silver

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

17,630

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

7,950

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

Damian M A Wisniewski

2.

Reason for the notification

a)

Position / status

Finance Director

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

13,089

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

6,165

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

Paul M Williams

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

13,089

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

6,165

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

Nigel Q George

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

13,089

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

6,165

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

David Silverman

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / Amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

13,089

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

4 April 2019

f)

Place of the transaction

Outside a trading venue

4B.

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, type of instrument

Identification code

 

5p Ordinary shares in Derwent London plc

 

GB0002652740

b)

Nature of the transaction

Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£32.19

6,165

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

5 April 2019

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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.
 
END
 
 
DSHLLFESSSIEIIA
Date   Source Headline
25th Aug 20103:45 pmRNSDirector/PDMR Shareholding
25th Aug 20107:01 amRNSCharlotte Building Announcement
25th Aug 20107:00 amRNSInterim Results 2010
16th Aug 20103:00 pmRNSHolding(s) in Company
10th Aug 20104:55 pmRNSBondholders meeting
3rd Aug 20109:30 amRNSDirectorate Change
28th Jul 20107:00 amRNSMajor West End Acquisition of Central Cross London
23rd Jul 20103:55 pmRNSHolding(s) in Company
9th Jul 20104:59 pmRNSHolding(s) in Company
8th Jul 201011:30 amRNSHolding(s) in Company
18th Jun 20103:15 pmRNSDirector/PDMR Shareholding
18th Jun 20103:15 pmRNSDirector/PDMR Shareholding
26th May 201012:20 pmRNSResult of AGM
21st May 20109:30 amRNSBlocklisting Interim Review
21st May 20109:30 amRNSBlocklisting Interim Review
17th May 20107:00 amRNSInterim Management Statement
13th May 201012:00 pmRNSAnnual Information Update
4th May 20103:45 pmRNSTotal Voting Rights
22nd Apr 201012:00 pmRNSAnnual report and accounts 2009 and notice of AGM
9th Apr 20102:30 pmRNSDirector/PDMR Shareholding
9th Apr 20102:30 pmRNSDirector/PDMR Shareholding
9th Apr 20102:30 pmRNSDirector/PDMR Shareholding
9th Apr 20102:30 pmRNSDirector/PDMR Shareholding
1st Apr 20102:30 pmRNSTotal Voting Rights
29th Mar 20104:00 pmRNSDirector/PDMR Shareholding
26th Mar 20104:40 pmRNSDirector/PDMR Shareholding
17th Mar 20107:00 amRNSDerwent London attracts new lettings
17th Mar 20107:00 amRNSPreliminary Results
1st Mar 201011:59 amRNSNotice of Results
1st Feb 20101:45 pmRNSTotal Voting Rights
1st Feb 20107:00 amRNSDerwent London appoint new Finance Director
18th Jan 201011:45 amRNSDirector/PDMR Shareholding
18th Jan 201011:45 amRNSDirector/PDMR Shareholding
18th Jan 201011:45 amRNSDirector/PDMR Shareholding
8th Dec 200912:20 pmRNSHolding(s) in Company
26th Nov 20091:00 pmRNSBlocklisting Interim Review
26th Nov 20091:00 pmRNSBlocklisting Interim Review
19th Nov 20097:00 amRNSInterim Management Statement
17th Nov 20098:00 amRNSNotification of Interim Management Statement
4th Nov 20098:00 amRNSBlocklisting Interim Review
2nd Nov 20094:00 pmRNSTotal Voting Rights
14th Oct 200911:24 amRNSDerwent London, Gresse Street pre-let, Correction
14th Oct 20099:00 amRNSDerwent London secures Gresse Street pre-let
5th Oct 20092:30 pmRNSDirector/PDMR Shareholding
5th Oct 20092:30 pmRNSDirector/PDMR Shareholding
5th Oct 20092:30 pmRNSDirector/PDMR Shareholding
2nd Oct 20093:30 pmRNSHolding(s) in Company
1st Oct 20094:30 pmRNSTotal Voting Rights
30th Sep 20097:00 amRNSDirectorate Change
23rd Sep 200912:45 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.