DIPLOMA PLC
12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX
TELEPHONE: +44 (0)20 7549 5700
FACSIMILE: +44 (0)20 7549 5715
FOR IMMEDIATE RELEASE
28 December 2017
DIPLOMA PLC - DIRECTORS' LTIP AWARDS
The Remuneration Committee has today approved the grant of the following Awards to the following Directors under the Diploma PLC 2011 Performance Share Plan ("PSP"):
|
PSP Award Shares |
Share Price |
BM Thompson |
71,663 Ordinary Shares |
£12.21 |
NP Lingwood |
46,294 Ordinary Shares |
£12.21 |
The Awards made today are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2020 and the numbers of Ordinary Shares shown above represent the maximum number of shares over which these Awards may vest.
A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2017 that was sent to Shareholders on 8 December 2017 and is available 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. |
BM Thompson |
|
|
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 |
2138000G17VY8FGR19 |
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 |
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|
|
c) |
Price(s) and volume(s) |
|
Price |
Volume |
1. |
Grant at £12.21 |
71,663 |
2. |
Grant at £12.21 |
46,294 |
|
d) |
Aggregated information - Aggregated volume - Price |
|
Price |
Volume |
1. |
Grant at £12.21 |
71,663 |
2. |
Grant at £12.21 |
46,294 |
|
e) |
Date of the transaction |
28 December 2017 |
f) |
Place of the transaction |
London Stock Exchange, United Kingdom |
For further enquiries please contact: |
|
|
|
AJ Gallagher, Group Company Secretary |
020 7549 5700 |