Director/PDMR Shareholding

RNS Number : 8142C

Derwent London PLC

19 April 2013

 



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
	D G Silverman
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
	D G Silverman
8	State the nature of the transaction
	Allotment of shares under the Derwent London Performance Share Plan, exercise of options and disposal of shares.
9	Number of shares, debentures or financial instruments relating to shares acquired
	25,305
10	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
	0.025%
11	Number of shares, debentures or financial instruments relating to shares disposed
	19,489
12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
	0.019%
13	Price per share or value of transaction
	Sale price - £22.44 per share
14	Date and place of transaction
	17th April, 2013.  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)
	15,585 0.015%
16	Date issuer informed of transaction
	17th April, 2013
If a person discharging managerial responsibilities/director has been granted options by the issuer please complete the following boxes
17	Date of grant
	8th April, 2013
18	Period during which or date on which exercisable
	6 months from 8th April, 2016
19	Total amount paid (if any) for grant of the option
	£1
20	Description of shares or debentures involved (class and number)
	Option over 25,250 5p ordinary shares
21	Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
	£nil
22	Total number of shares or debentures over which options held following this notification
	81,830
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    19th April, 2013 T J Kite

 

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