Derwent London PLC Director/PDMR Shareholding (6851L)

TIDMDLN

RNS Number : 6851L

Derwent London PLC

20 April 2018

For immediate release

Derwent London plc

("Derwent London"/"the Company")

Notification of interests of Directors and Persons Discharging

Managerial Responsibility ("PDMR")

The Company announces the following transaction in the Company's ordinary shares of 5p each ('Shares').

Simon Silver, an executive director and PDMR of the Company, has notified the Company that he has transferred 8,250 Shares from his executive nominee account held in an Equiniti Investment Account under the name of Wealth Nominees Limited to his self-invested personal pension and the legal title registered with Hargreave Hale Nominees Limited (the "Transfer").

No change to the number of Shares beneficially held by the PDMR has occurred in connection with the Transfer, and following the Transfer the PDMR remains interested in the 8,250 Shares that are the subject of the Transfer.

This announcement is made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.

Enquiries:

D A Lawler

Company Secretary

20 April 2018

020 7659 3000

www.derwentlondon.com

The information set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1.    Details the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------ 
 a)    Name                              Simon Silver 
----  --------------------------------  -------------------------------------- 
 2.    Reason for the notification 
----  ------------------------------------------------------------------------ 
 a)    Position / status               Director 
----  ------------------------------  ---------------------------------------- 
 b)    Initial notification            Initial notification 
        / Amendment 
----  ------------------------------  ---------------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------------ 
 a)    Name                             Derwent London plc 
----  ------------------------------  ---------------------------------------- 
 b)    LEI                              213800BXKQ9KZNUR1M61 
----  ------------------------------  ---------------------------------------- 
 4A.   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                   5p Ordinary shares in Derwent 
        instrument,                        London plc 
        type of instrument 
        Identification                     GB0002652740 
        code 
----  --------------------------------  -------------------------------------- 
 b)    Nature of the                     Sale by the PDMR of 8,250 shares 
        transaction                       registered in the name of Wealth 
                                          Nominees Limited 
----  --------------------------------  -------------------------------------- 
 c)    Price(s) and                       Price(s)    Volume(s) 
        volume(s)                         ----------  ---------- 
                                           GBP30.92    8,250 
                                          ----------  ---------- 
----  --------------------------------  -------------------------------------- 
 d)         Aggregated information 
              *    Aggregated volume       Not applicable - single transaction 
 
 
              *    Price 
----  --------------------------------  -------------------------------------- 
 e)    Date of the                       20 April 2018 
        transaction 
----  --------------------------------  -------------------------------------- 
 f)    Place of the                      London Stock Exchange - Main 
        transaction                       Market (XLON) 
----  --------------------------------  -------------------------------------- 
 4B.   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                   5p Ordinary shares in Derwent 
        instrument,                        London plc 
        type of instrument 
        Identification                     GB0002652740 
        code 
----  --------------------------------  -------------------------------------- 
 b)    Nature of the                     Acquisition by the PDMR of 
        transaction                       8,250 shares, legal title of 
                                          which is registered in the 
                                          name of Hargreave Hale Nominees 
                                          Limited and held in the PDMR's 
                                          self-invested personal pension. 
----  --------------------------------  -------------------------------------- 
 c)    Price(s) and                       Price(s)     Volume(s) 
        volume(s)                         -----------  ---------- 
                                           GBP30.925    8,250 
                                          -----------  ---------- 
----  --------------------------------  -------------------------------------- 
 d)         Aggregated information 
              *    Aggregated volume       Not applicable - single transaction 
 
 
              *    Price 
----  --------------------------------  -------------------------------------- 
 e)    Date of the                       20 April 2018 
        transaction 
----  --------------------------------  -------------------------------------- 
 f)    Place of the                      London Stock Exchange - Main 
        transaction                       Market (XLON) 
----  --------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFSESIIIFIT

(END) Dow Jones Newswires

April 20, 2018 12:30 ET (16:30 GMT)