Wilmington PLC Director/PDMR Shareholding (7919A)

TIDMWIL

RNS Number : 7919A

Wilmington PLC

01 October 2020

1 October 2020

Wilmington plc

Director/PDMR Shareholding

On 30 September 2020, nil cost awards over 997,445 ordinary shares in Wilmington plc (the "Company") and options with a per share exercise price of GBP1.225 over 443,572 ordinary shares in the Company were granted under the Wilmington Performance Share Plan 2017 (the "Plan") to employees of the Company and its subsidiaries, of which the following nil cost awards were made to Directors of the Company and other Persons Discharging Managerial Responsibilities ("PDMRs"):

 
 Name of Director/PDMR                Number of shares under the Award 
 Mark Milner (Executive Director)     285,714 
                                     --------------------------------- 
 Richard Amos (Executive Director)    159,596 
                                     --------------------------------- 
 Tamara Kahn (PDMR)                   91,837 
                                     --------------------------------- 
 Thomas Mount (PDMR)                  67,347 
                                     --------------------------------- 
 Richard Shamsi (PDMR)                102,041 
                                     --------------------------------- 
 

No consideration was paid for the grant of the awards. The vesting of the awards and options is subject to the satisfaction of performance conditions, which will be assessed over three years. Having regard to the uncertainty caused by the Covid-19 pandemic, the Remuneration Committee has decided to defer setting exact performance measures and targets at this point, and these will be set by the latest at the mid-point of financial year 2021. The performance measures and targets for the Executive Directors' will be confirmed in the Directors' Remuneration Report for the 2021 financial year.

Each award and option is granted subject to a condition that the Remuneration Committee may reduce the extent of vesting if and to the extent it considers that any of the value of the award or option represents a windfall gain caused by the impact on the price of a share of the Covid-19 pandemic.

The awards granted to the Executive Directors and other PDMRs are subject to an additional condition that ordinarily all of the shares acquired (after sales to cover tax) must be retained until the second anniversary of the vesting date.

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

For further information, please contact:

Wilmington plc 020 7422 6800

Richard Amos

Chief Financial Officer and Company Secretary

Notes to Editors

Wilmington plc is the recognised knowledge leader and partner of choice for data, information, education and networking in Risk & Compliance, Healthcare and Professional areas. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington is a premium listed company on the main market of the London Stock Exchange.

 
1.    Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
a)    Name                  Mark Milner 
2.    Reason for the notification 
a)    Position /status        Chief Executive Officer 
b)    Initial notification    Initial Notification 
       / amendment 
3.    Details of the Issuer 
a)    Name                    Wilmington plc 
b)    LEI code                N/A 
4.    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       Ordinary Shares in Wilmington plc 
       instrument,            ISIN: GB0009692319 
       type of instrument 
       Identification 
       code 
 
  b)    Nature of the         Grant of award over Ordinary Shares under the 
        transaction           Company's Performance Share Plan 2017 
c)    Price(s) and          Price(s)   Volume(s) 
       volume(s)             Nil Cost   285,714 
d)    Aggregated 
       information            N/A 
       Aggregated 
       volume 
       Price 
e)    Date of the           30 September 2020 
       transaction 
 
  f)    Place of the          Outside a trading venue 
        transaction 
 
 
 
1.    Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
a)    Name                  Richard Amos 
2.    Reason for the notification 
a)    Position /status        Chief Financial Officer 
b)    Initial notification    Initial Notification 
       / amendment 
3.    Details of the Issuer 
a)    Name                    Wilmington plc 
b)    LEI code                N/A 
4.    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       Ordinary Shares in Wilmington plc 
       instrument,            ISIN: GB0009692319 
       type of instrument 
       Identification 
       code 
 
  b)    Nature of the         Grant of award over Ordinary Shares under the 
        transaction           Company's Performance Share Plan 2017 
c)    Price(s) and          Price(s)   Volume(s) 
       volume(s)             Nil Cost   159,596 
d)    Aggregated 
       information            N/A 
       Aggregated 
       volume 
       Price 
e)    Date of the           30 September 2020 
       transaction 
 
  f)    Place of the          Outside a trading venue 
        transaction 
 
 
 
1.    Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
a)    Name                  Richard Shamsi 
2.    Reason for the notification 
a)    Position /status        Chief Operating Officer 
b)    Initial notification    Initial Notification 
       / amendment 
3.    Details of the Issuer 
a)    Name                    Wilmington plc 
b)    LEI code                N/A 
4.    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       Ordinary Shares in Wilmington plc 
       instrument,            ISIN: GB0009692319 
       type of instrument 
       Identification 
       code 
 
  b)    Nature of the         Grant of award over Ordinary Shares under the 
        transaction           Company's Performance Share Plan 2017 
c)    Price(s) and          Price(s)   Volume(s) 
       volume(s)             Nil Cost   102,041 
d)    Aggregated 
       information            N/A 
       Aggregated 
       volume 
       Price 
e)    Date of the           30 September 2020 
       transaction 
 
  f)    Place of the          Outside a trading venue 
        transaction 
1.    Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
a)    Name                  Tamara Kahn 
2.    Reason for the notification 
a)    Position /status        Divisional Director 
b)    Initial notification    Initial Notification 
       / amendment 
3.    Details of the Issuer 
a)    Name                    Wilmington plc 
b)    LEI code                N/A 
4.    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       Ordinary Shares in Wilmington plc 
       instrument,            ISIN: GB0009692319 
       type of instrument 
       Identification 
       code 
 
  b)    Nature of the         Grant of award over Ordinary Shares under the 
        transaction           Company's Performance Share Plan 2017 
c)    Price(s) and          Price(s)   Volume(s) 
       volume(s)             Nil Cost   91,837 
d)    Aggregated 
       information            N/A 
       Aggregated 
       volume 
       Price 
e)    Date of the           30 September 2020 
       transaction 
 
  f)    Place of the          Outside a trading venue 
        transaction 
 
 
 
1.    Details of the Person Discharging Managerial Responsibility 
       ("PDMR") / person closely associated with them ("PCA") 
a)    Name                  Thomas Mount 
2.    Reason for the notification 
a)    Position /status        Chief Technology Officer 
b)    Initial notification    Initial Notification 
       / amendment 
3.    Details of the Issuer 
a)    Name                    Wilmington plc 
b)    LEI code                N/A 
4.    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       Ordinary Shares in Wilmington plc 
       instrument,            ISIN: GB0009692319 
       type of instrument 
       Identification 
       code 
 
  b)    Nature of the         Grant of award over Ordinary Shares under the 
        transaction           Company's Performance Share Plan 2017 
c)    Price(s) and          Price(s)   Volume(s) 
       volume(s)             Nil Cost   67,347 
d)    Aggregated 
       information            N/A 
       Aggregated 
       volume 
       Price 
e)    Date of the           30 September 2020 
       transaction 
 
  f)    Place of the          Outside a trading venue 
        transaction 
 
 

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October 01, 2020 04:42 ET (08:42 GMT)