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
1,857.00    -53.00 (-2.77%)
Bid:
1,863.00
Ask:
1,866.00
Spread: 3.00 (0.161%)
Market Cap: £2.07b
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
10th Sep 20094:26 pmRNSDirector/PDMR Shareholding
10th Sep 20094:25 pmRNSDirector/PDMR Shareholding
25th Aug 20097:01 amRNSDerwent London secures Fitzrovia pre-let
25th Aug 20097:00 amRNSInterims Release 2009
12th Aug 20099:39 amRNSNotice of Results
7th Aug 20094:30 pmRNSBondholders meeting
20th Jul 20097:00 amRNSWest End Sale Announcement
15th Jun 200911:55 amRNSHolding(s) in Company
1st Jun 20091:30 pmRNSTotal Voting Rights
28th May 20094:35 pmRNSAnnual Information Update
27th May 20094:30 pmRNSResult of AGM
20th May 20094:00 pmRNSAdditional Listing
15th May 20093:25 pmRNSHolding(s) in Company
15th May 20097:00 amRNSInterim Management Statement
12th May 200912:40 pmRNSNotice of IMS
30th Apr 20095:55 pmRNSBlocklisting Interim Review
21st Apr 20099:00 amRNSAnnual report and accounts 2008 and notice of AGM
9th Apr 200911:45 amRNSDirector/PDMR Shareholding
3rd Apr 20094:30 pmRNSHolding(s) in Company
31st Mar 200910:00 amRNSHolding(s) in Company
26th Mar 200910:10 amRNSHolding(s) in Company
24th Mar 200911:20 amRNSHolding(s) in Company
17th Mar 20097:01 amRNSDisposal
17th Mar 20097:00 amRNSFinal Results
26th Feb 200910:15 amRNSHolding(s) in Company
16th Feb 200911:57 amRNSNotice of Results
14th Jan 200910:45 amRNSHolding(s) in Company
8th Jan 200910:40 amRNSHolding(s) in Company
19th Dec 20084:50 pmRNSHolding(s) in Company
19th Nov 20087:00 amRNSInterim Management Statement
11th Nov 200811:25 amRNSNotification of Interim Management Statement
31st Oct 200812:00 pmRNSDirector/PDMR Shareholding
30th Oct 200810:00 amRNSBlocklisting Interim Review
21st Oct 20089:50 amRNSHolding(s) in Company
21st Oct 20089:50 amRNSHolding(s) in Company
15th Oct 20084:00 pmRNSBondholders Presentation
15th Oct 200810:45 amRNSHolding(s) in Company
14th Oct 20084:50 pmRNSDirector/PDMR Shareholding
6th Oct 20083:30 pmRNSDirector/PDMR Shareholding
6th Oct 20089:30 amRNSLetting
16th Sep 20089:30 amRNSHolding(s) in Company
16th Sep 20089:30 amRNSHolding(s) in Company
16th Sep 20089:30 amRNSHolding(s) in Company
16th Sep 20089:30 amRNSHolding(s) in Company
11th Sep 20084:30 pmRNSDoc re: Interim Accounts
29th Aug 20087:01 amRNSLettings
29th Aug 20087:00 amRNSInterim Results
14th Aug 20083:15 pmRNSHolding(s) in Company
6th Aug 20085:15 pmRNSHolding(s) in Company
5th Aug 200810:04 amRNSNotice of Results

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.