Director/PDMR Shareholding

RNS Number : 3582J

Derwent London PLC

29 March 2010

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1	Name of Issuer
	Derwent London Plc
2	State whether notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in accordance with s324 (as extended by s328) of the Companies Act 1985; or (iii) both (i) and (ii)
	Notification in accordance with DR 3.1.4R (1)(a)
3	Name of person discharging managerial responsibilities / director
	The Hon R A Rayne
4	State whether notification relates to a person connected with a person discharging managerial responsibilities / director named in 3 and identify the connected person
	Named in 3
5	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
	Named in 3
6	Description of shares (including class), debentures or derivatives or financial instruments relating to shares
	Ordinary 5p shares
7	Name of the registered shareholders and, if more than one, the number of shares held by each of them
	Named in 3
8	State the nature of the transaction
	Cash settlement of 225,401 options at £9.54 per share
9	Number of shares, debentures or financial instruments relating to shares acquired
10	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
11	Number of shares, debentures or financial instruments relating to shares disposed
12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
13	Price per share or value of transaction
	£13.20
14	Date and place of transaction
	25th March, 2010.   London.
15	Total holding following this notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
	4,350,017 4.3%
16	Date issuer informed of transaction
	26th March, 2010
If a person discharging managerial responsibilities/director has been granted options by the issuer please complete the following boxes
17	Date of grant
18	Period during which or date on which exercisable
19	Total amount paid (if any) for grant of the option
20	Description of shares or debentures involved (class and number)
21	Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
22	Total number of shares or debentures over which options held following this notification
23	Any additional information
24	Name of contact and telephone number for queries
	T J Kite                                                                                    T: 020 7659 3000
Name and signature of duly authorised officer of issuer responsible for making notification. …………………………….      Date of notification      29th March, 2010 T J Kite

 

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