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
21st Jul 20087:30 amRNSLettings
4th Jul 20084:30 pmRNSTotal Voting Rights
4th Jul 20083:30 pmRNSHolding(s) in Company
4th Jul 20087:00 amRNSLetting
30th Jun 20083:15 pmRNSDirector/PDMR Shareholding
30th Jun 20083:15 pmRNSDirector/PDMR Shareholding
30th Jun 20082:56 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
30th Jun 20082:55 pmRNSDirector/PDMR Shareholding
23rd Jun 20084:54 pmRNSDirector/PDMR Shareholding
23rd Jun 20084:53 pmRNSDirector/PDMR Shareholding
12th Jun 20084:30 pmRNSDirector/PDMR Shareholding
30th May 20085:05 pmRNSHolding(s) in Company
30th May 20084:56 pmRNSHolding(s) in Company
19th May 20083:30 pmRNSHolding(s) in Company
19th May 200811:30 amRNSAnnual Information Update
19th May 20087:00 amRNSInterim Management Statement
13th May 200812:26 pmRNSNotice of IMS
13th May 200812:26 pmRNSNotice of IMS
28th Apr 20083:30 pmRNSBlocklisting Interim Review
23rd Apr 20084:50 pmRNSDocuments re Annual Report
18th Mar 20087:02 amRNSFinal Results
29th Feb 20087:01 amRNSPlanning Consent
21st Feb 200812:22 pmRNSNotice of Results
13th Feb 20089:20 amRNSPlanning permission
12th Feb 200810:19 amRNSTransfer of Bond listing
31st Jan 20084:45 pmRNSHolding(s) in Company
21st Jan 200811:15 amRNSHolding(s) in Company
21st Jan 200810:00 amRNSPlanning consent received
10th Jan 20081:45 pmRNSDirector/PDMR Shareholding
8th Jan 20088:00 amRNSRe: Letting
4th Jan 20089:00 amRNSDirectorate Change
2nd Jan 20084:21 pmRNSTotal Voting Rights
31st Dec 200711:30 amRNSDirector/PDMR Shareholding
21st Dec 20073:15 pmRNSDirector/PDMR Shareholding
30th Nov 20079:45 amRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
22nd Nov 20072:00 pmRNSDirector/PDMR Shareholding
5th Nov 20075:45 pmRNSBlocklisting Interim Review
5th Nov 20073:30 pmRNSHolding(s) in Company
24th Sep 200711:00 amRNSDoc re. Interim Report

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.