Director/PDMR Shareholding

RNS Number : 5894C

Diploma PLC

16 November 2009

 



DIPLOMAPLC 12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX TELEPHONE: [phone] FACSIMILE: [phone] FOR IMMEDIATE RELEASE 16 November 2009

DIPLOMA PLC - DIRECTORS' LTIP AWARDS

Diploma PLC, the international group of businesses supplying specialised technical products and services to the Life Sciences, Seals and Controls industries, has today been notified that the following Directors have both received ordinary shares in the Company and have disposed of ordinary shares in the Company, as set out below:

	No. of Ordinary Shares
	Received	Sold	Net Retained	Market price
BM Thompson	175,132	90,171	84,961	165.0p
I Henderson	105,079	73,079	32,000	165.0p
NP Lingwood	105,079	55,079	50,000	165.0p

The shares were received pursuant to the vesting of an award of shares made on 22 December 2006 under the Company's Long Term Incentive Plan ("LTIP"). The vesting of the award was subject to performance conditions as set out in the LTIP and measured over a three year period ended 30 September 2009. Further details relating to the performance conditions will be set out in the Annual Report 2009, which will be posted to shareholders on 30 November 2009.

The shares were transferred to the Directors by Ogier Employee Benefit Trustee Limited, as trustee of the Diploma Employee Benefit Trust ("the Trust").  Accordingly the number of ordinary shares in the Company held by the Trust has, following this transfer,  been reduced by 385,290 to 482,973.

Each of the Executive Directors of the Company, BM Thompson, I Henderson, NP Lingwood, is deemed to be beneficially interested in all the shares held in the Trust from time to time by virtue of being a potential beneficiary under the Trust.

For further enquiries please contact:

     Bruce Thompson, Chief Executive Officer      020 7549 5700

Nigel Lingwood, Group Finance Director       020 7549 5705

 

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