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 |
