Director/PDMR Shareholding

RNS Number : 1816Z

Dialight PLC

19 May 2021

 

	Date: 19 May 2021 Dialight plc (the "Company") Director / PDMR Shareholding Options under the Dialight plc 2014 Performance Share Plan ("PSP") On 1 9 M a y 2 0 2 1 , and following t h e conclusion o f t h e Company's 2 0 2 1 Annual General M e e t i n g at which the Company's 2021 Remuneration Policy was approved, Fariyal Khanbabi, Group Chief Executive Officer and Executive Director, was granted a restricted share award which entitled her to receive 89,547 ordinary shares of 1.89 pence each in the Company in accordance with the rules of the Dialight PLC 2014 Performance Share Plan . The award will normally vest on the third anniversary of grant subject to continued employment at the date of vesting, and provided that the Remuneration Committee is satisfied that the underlying performance of the Company justifies the vesting.  No other performance metrics will apply. No consideration was paid for the grant of this award and no consideration is due to be paid by Fariyal Khanbabi on the vesting of the award. On vesting, options will be exercisable between 19 May 2024 and 19 May 2026.  A mandatory two-year post-vesting holding period applies to the award. The notifications below, which have been made in accordance with the requirement of the UK Market Abuse Regulation, provide further details. Richard Allan General Counsel & Company Secretary DD: [phone] Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
	1 Details of PDMR / person closely associated  a) Name Fariyal Khanbabi  2. Reason for the notification  a) Position / Status Director - Group Chief Executive Officer  b) Initial notification / Amendment Initial notification  3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a) Name Dialight plc  b) LEI 2138001AD31KKD29Z495  4 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 Ordinary shares of 1.89 pence each in Dialight plc GB0033057794  b)  Nature of the transaction Grant of a restricted share award over 89,547 ordinary shares under the Dialight PLC 2014 Performance Share Plan.  c)  Price (pence) and volume Price(s) Volume(s) 0.00 89,547  d)  Aggregated information -  Aggregated volume   -    Price (pence) Not applicable - single transaction    e)  Date of the transaction 19 May 2021  f)  Place of the transaction Outside a trading venue

 

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