Derwent London PLC Director/PDMR Shareholding (6089A)

TIDMDLN

RNS Number : 6089A

Derwent London PLC

12 September 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 3,925 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 Simon Silver remains interested in the 3,925 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

12 September 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 instrument,              5p Ordinary shares in Derwent London 
        type of instrument                 plc 
        Identification code 
                                           GB0002652740 
      --------------------------------  --------------------------------------------- 
 b)    Nature of the transaction         Sale by the PDMR of 3,925 shares registered 
                                          in the name of Wealth Nominees Limited 
      --------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)             Price(s)    Volume(s) 
                                           GBP29.81    3,925 
                                                      ---------- 
      --------------------------------  --------------------------------------------- 
 d)         Aggregated information 
              *    Aggregated volume       Not applicable - single transaction 
 
 
              *    Price 
      --------------------------------  --------------------------------------------- 
 e)    Date of the transaction           12 September 2018 
      --------------------------------  --------------------------------------------- 
 f)    Place of the transaction          London Stock Exchange - Main 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 instrument,              5p Ordinary shares in Derwent London 
        type of instrument                 plc 
        Identification code 
                                           GB0002652740 
      --------------------------------  --------------------------------------------- 
 b)    Nature of the transaction         Acquisition by the PDMR of 3,925 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 volume(s)             Price(s)    Volume(s) 
                                           GBP29.81    3,925 
                                                      ---------- 
      --------------------------------  --------------------------------------------- 
 d)         Aggregated information 
              *    Aggregated volume       Not applicable - single transaction 
 
 
              *    Price 
      --------------------------------  --------------------------------------------- 
 e)    Date of the transaction           12 September 2018 
      --------------------------------  --------------------------------------------- 
 f)    Place of the transaction          London Stock Exchange - Main Market (XLON) 
      --------------------------------  --------------------------------------------- 
 
 

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September 12, 2018 12:30 ET (16:30 GMT)