8th Sep 2026 10:15
| 8 September 2026 |
Derwent London plc ("Derwent London" / "the Group") Notification of interests of Directors and Persons DischargingManagerial Responsibility ("PDMR") | |
The Group announces the following changes to the interests of a Director in the Group's ordinary shares of 5p each ('Shares').
Vesting of Award
On 14 March 2022 the share-based awards granted by the Group on 12 March 2019 under the Derwent London Performance Share Plan 2014 (the 'Awards') became exercisable. On 7 September 2026, the PDMR noted below acquired Shares in connection with the vesting of his Award. On the same date, 7 September 2026, the PDMR chose to sell a proportion of his vested Shares to discharge the relevant tax obligations, at an average price of £19.446020 per Share.
Name | Role | Vested(Number) | Shares sold(Number) |
Damian M A Wisniewski | Chief Financial Officer | 5,253 | 2,469 |
This announcement is made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.
For further information, please contact:
Derwent London Tel: +44 (0)20 7659 3000 | David Lawler, Company Secretary
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The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
1. | Details the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Damian M A Wisniewski | |||||
2. | Reason for the notification | ||||||
a) | Position / status | Chief Financial Officer | |||||
b) | Initial notification / Amendment | Initial notification
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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) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |||||
e) | Date of the transaction | 7 September 2026 | |||||
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) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |||||
e) | Date of the transaction | 7 September 2026 | |||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||
Related Shares:
Derwent London