Diploma PLC Director/PDMR Grant of LTIP Award (1435N)

TIDMDPLM

RNS Number : 1435N

Diploma PLC

19 January 2023

 
                      10-11 CHARTERHOUSE SQUARE, 
                            LONDON EC1M 6EE 
                       TELEPHONE: [phone] 
                                  5700 
                       FACSIMILE: [phone] 
                                  5715 
 
                                 19 JANUARY 2023 
      LONG TERM INCENTIVE AWARDS TO EXECUTIVE DIRECTORS 
 

The Remuneration Committee of Diploma PLC has approved the grant of long-term incentive Awards of Ordinary Shares of 5p each in Diploma PLC to Johnny Thomson, Chief Executive Officer on 18 January 2023 under the Diploma PLC 2020 Performance Share Plan (as amended) ("PSP"):

 
                    PSP Award Shares   Share Price 
 JD Thomson   79,424 Ordinary Shares      GBP28.48 
 
 

The Awards are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2025 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 2022, which is available on the Company's website at www.diplomaplc.com

The Notification of Dealing Form can be found below. This announcement is made in accordance with the UK Market Abuse Regulation.

 
 
         Details of the Director/PDMR/PCA 
   1 
 a)    Name                              1.   JD Thomson 
      -------------------------------  ------------------------------------------ 
 
         Reason for the notification 
   2 
      --------------------------------------------------------------------------- 
 a)    Position/Status                   1.   Chief Executive 
                                                Officer 
      -------------------------------  ------------------------------------------ 
 b)    Initial notification/Amendment   Initial notification 
      -------------------------------  ------------------------------------------ 
 
         Details of the issuer 
   3 
      --------------------------------------------------------------------------- 
 a)    Name                             Diploma PLC 
      -------------------------------  ------------------------------------------ 
 b)    LEI                              2138008OGI7VYG8FGR19 
      -------------------------------  ------------------------------------------ 
 
         Details of the transactions: 
   4 
      --------------------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 5p each in the Company 
        the financial 
        instrument, type 
        of instrument 
                                         GB0001826634 
        Identification 
        code 
      -------------------------------  ------------------------------------------ 
 b)    Nature of the                     1.   Grant of PSP Shares 
        transaction 
      -------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                  Price               Volume 
                                           1.   Grant at GBP28.48   79,424 
      -------------------------------  ------------------------------------------ 
 d)         Aggregated information             Price               Volume 
                                           1.   Grant at GBP28.48   79,424 
              *    Aggregated volume 
 
 
 
              *    Price 
      -------------------------------  ------------------------------------------ 
 e)    Date of the transaction          18 January 2023 
      -------------------------------  ------------------------------------------ 
 f)    Place of the transaction         London Stock Exchange, United Kingdom 
      -------------------------------  ------------------------------------------ 
 

For further information, please contact:

 
 J Morrison, Group Company Secretary    [phone] 
 
 

Further information on Diploma PLC can be found at www.diplomaplc.com

LEI: 2138008OGI7VYG8FGR19

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January 19, 2023 02:00 ET (07:00 GMT)