Diploma PLC Director/PDMR Shareholding (6519S)

TIDMDPLM

RNS Number : 6519S

Diploma PLC

22 December 2016

DIPLOMA PLC

12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: [phone]

FACSIMILE: [phone]

FOR IMMEDIATE RELEASE

22 December 2016

DIPLOMA PLC - DIRECTORS' LTIP AWARDS

The Remuneration Committee has today approved the grant of the following Awards to the following Directors under the Diploma PLC 2011 Performance Share Plan ("PSP"):

 
               PSP Award Shares      Share 
                                     Price 
 BM Thompson    85,263 Ordinary   GBP9.975 
                         Shares 
 NP Lingwood    55,035 Ordinary   GBP9.975 
                         Shares 
 

The Awards made today are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2019 and the numbers of Ordinary Shares shown above represent the maximum number of shares over which these Awards may vest.

A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2016 that was sent to Shareholders on 8 December 2016 and is 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.   BM Thompson 
 
                                          2.   NP Lingwood 
----  -------------------------------  -------------------------------------- 
 
   2     Reason for the notification 
----  ----------------------------------------------------------------------- 
 a)    Position/Status                   1.   Chief Executive 
                                                Officer 
 
                                          2.   Group Finance 
                                                Director 
----  -------------------------------  -------------------------------------- 
 b)    Initial notification/Amendment   Initial notification 
----  -------------------------------  -------------------------------------- 
 
   3     Details of the issuer 
----  ----------------------------------------------------------------------- 
 a)    Name                             Diploma PLC 
----  -------------------------------  -------------------------------------- 
 b)    LEI                              N/A 
----  -------------------------------  -------------------------------------- 
 
   4     Details of the transactions: 
----  ----------------------------------------------------------------------- 
 a)    Description                      Ordinary shares of 5p each in the 
        of the financial                 Company 
        instrument, 
        type of instrument 
 
        Identification                   GB0001826634 
        code 
----  -------------------------------  -------------------------------------- 
 b)    Nature of                         1.   Grant of PSP Shares 
        the transaction 
                                          2.   Grant of PSP shares 
----  -------------------------------  -------------------------------------- 
 c)    Price(s) and                            Price        Volume 
        volume(s)                               Grant at 
                                           1.    GBP9.975p   85,263 
                                                Grant at 
                                           2.    GBP9.975p   55,035 
----  -------------------------------  -------------------------------------- 
 d)         Aggregated                         Price       Volume 
             information                        Grant at 
                                           1.    GBP9.975   85,263 
              *    Aggregated volume            Grant at 
                                           2.    GBP9.975   55,035 
 
 
              *    Price 
----  -------------------------------  -------------------------------------- 
 e)    Date of the                      22 December 2016 
        transaction 
----  -------------------------------  -------------------------------------- 
 f)    Place of the                     London Stock Exchange, United Kingdom 
        transaction 
----  -------------------------------  -------------------------------------- 
 
 
 For further enquiries please 
  contact: 
 
                                          020 7549 
 AJ Gallagher, Group Company Secretary        5700 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2016 11:00 ET (16:00 GMT)