Diploma Regulatory News (DPLM)

26 Nov 2007 16:50

Diploma PLC26 November 2007 NEWSRELEASE DIPLOMAPLC 12 CHARTERHOUSE SQUARE LONDON EC1M 6AX TELEPHONE: +44 (0)20 7549 5700 FACSIMILE: +44 (0)20 7549 5715 FOR IMMEDIATE RELEASE 26 November 2007 DIPLOMA PLC - DIRECTORS' INTERESTS IN SHARES Diploma PLC, the international group of specialised distribution businesses, has today been notified that the following Directors have received ordinary shares in the Company as set out below: Received Market price BM Thompson 23,625 ordinary shares of 5p each 880p I Henderson 14,175 ordinary shares of 5p each 880p NP Lingwood 14,175 ordinary shares of 5p each 880p The shares were received pursuant to the vesting of an award of shares made on 29 November 2004 under the Company's Long Term Incentive Plan ("LTIP"). The vesting of the award was subject to performance conditions as set out in the LTIP and measured over a three year period ended 30 September 2007. Further details relating to the performance conditions will be set out in the Annual Report 2007, which will be posted to shareholders on 6 December 2007. The shares were transferred to the Directors by Ogier Employee Benefit Trustee Limited, as trustee of the Diploma Employee Benefit Trust ("the Trust"). Accordingly the number of ordinary shares in the Company held by the Trust has, following this transfer, been reduced by 51,975 to 150,612 shares. Each of the Executive Directors of the Company, BM Thompson, I Henderson, NP Lingwood, is deemed to be beneficially interested in all the shares held in the Trust from time to time by virtue of being a potential beneficiary under the Trust. For further enquiries please contact: Bruce Thompson, Chief Executive Officer 020 7549 5700 Nigel Lingwood, Group Finance Director 020 7549 5705 This information is provided by RNS The company news service from the London Stock Exchange