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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Diploma Plc | LSE:DPLM | London | Ordinary Share | GB0001826634 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3,710.00 | 3,722.00 | 3,726.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Industrial Mach & Eq-whsl | 1.2B | 117.7M | 0.8778 | 42.42 | 4.99B |
TIDMDPLM
RNS Number : 9770X
Diploma PLC
25 November 2014
DIPLOMA PLC
12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX
TELEPHONE: +44 (0)20 7549 5700
FACSIMILE: +44 (0)20 7549 5715
FOR IMMEDIATE RELEASE
25 November 2014
DIPLOMA PLC
EXERCISE OF OPTIONS OVER VESTED LTIP AWARDS
Diploma PLC has today been notified that the following Directors have exercised in full, the options which have now vested, in connection with share awards granted on 16 December 2011 under the Diploma PLC 2011 Performance Share Plan ("PSP") and on 19 December 2011 under the Diploma PLC 2011 Share Matching Plan ("SMP"). As a consequence, the Directors have become entitled to acquire ordinary shares in the Company as set out below.
These vested share awards in the form of nil cost options, relate to the three year performance measurement period ended 30 September 2014. Further details relating to the performance conditions of these awards are set out in the Annual Report & Accounts 2014 which will be mailed to shareholders on 5 December 2014.
The number of shares transferred has been reduced as part of arrangements under which the Company will settle the PAYE liability, arising as a result of the exercise of the awards. The table below shows the total number of vested shares, the PAYE adjustment on the vested shares awarded and the net number of shares transferred to each Director.
Number of Ordinary Shares Total Shares PAYE Adjustment Total Shares Vested Transferred Market Price BM Thompson 142,717 (67,077) 75,640 685p I Henderson 88,967 (41,815) 47,152 685p NP Lingwood 92,675 (43,557) 49,118 685p
Following the above transactions, the Executive Directors disposed of shares on 24 November 2014:
Number of Ordinary Shares Resultant Beneficial % of Issued Shares Share Price Holding Share Capital Sold BM Thompson 142,717 685p 993,385 0.88% I Henderson 88,967 685p 517,912 0.46% NP Lingwood 49,118 685p 275,000 0.24%
Of the 280,802 shares sold by the Executive Directors, 100,000 were acquired by Elian Employee Benefit Trustee Limited ("Elian"), as Trustee of the Diploma Employee Benefit Trust at a market price of 685p. Following these transactions, the number of ordinary shares in the Company held by Elian, on behalf of the Trust, was 221,438, which represents 0.20% of the issued share capital.
For further enquiries please contact:
+44 (0)20 7549 Diploma PLC - 5700 Anthony Gallagher, Group Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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