Last checked at 23 Aug 2019 15:30
For immediate release
Derwent London plc ("Derwent London"/"the Company")
Notification of interests of Directors and Persons DischargingManagerial 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 1,900 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 1,900 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
23 August 2019
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 / Amendment | Initial notification
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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, type of instrument Identification code |
5p Ordinary shares in Derwent London plc
GB0002652740 | |||||
b) | Nature of the transaction | Sale by the PDMR of 1,900 shares registered in the name of Wealth Nominees Limited
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c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |||||
e) | Date of the transaction | 23 August 2019 | |||||
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, type of instrument Identification code |
5p Ordinary shares in Derwent London plc
GB0002652740 | |||||
b) | Nature of the transaction | Acquisition by the PDMR of 1,900 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) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | |||||
e) | Date of the transaction | 23 August 2019 | |||||
f) | Place of the transaction | London Stock Exchange - Main Market (XLON) | |||||