Director/PDMR Grant of LTIP Award

RNS Number : 2425G

Diploma PLC

24 November 2020

 

DIPLOMA   PLC

    12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

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FOR IMMEDIATE RELEASE

24 November 2020

DIPLOMA PLC

 LONG TERM INCENTIVE AWARDS TO EXECUTIVE DIRECTORS

The Remuneration Committee has approved the grant of long-term incentive Awards of Ordinary Shares of 5p each in Diploma PLC to the Executive Directors on 23 November 2020 under the Diploma PLC 2020 Performance Share Plan ("PSP"):

	PSP Award Shares	Share Price
JD Thomson	74,804 Ordinary Shares	£23.06
B Gibbes	25,802 Ordinary Shares	£23.06

The Awards are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2023 and the number of Ordinary Shares shown above represent the maximum number of shares which may vest in connection with these Awards.

A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2020 that will be sent to Shareholders in due course. A further announcement will be made when the Annual Report & Accounts is dispatched to Shareholders. The Annual Report & Accounts 2020 will also be 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. JD Thomson 2. B Gibbes
2	Reason for the notification
a)	Position/Status	1. Chief Executive Officer 2. Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Diploma PLC
b)	LEI	2138008OGI7VYG8FGR19
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
c)	Price(s) and volume(s)	Price Volume 1. Grant at £23.06 74,804 2. Grant at £23.06 25,802
d)	Aggregated information -  Aggregated volume -  Price	Price Volume 1. Grant at £23.06 74,804 2. Grant at £23.06 25,802
e)	Date of the transaction	23 November 2020
f)	Place of the transaction	London Stock Exchange, United Kingdom

For further enquiries please contact:
J Morrison, Group Company Secretary	020 7549 5700

 

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