Derwent London PLC
08 September 2026
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8 September 2026 |
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Derwent London plc ("Derwent London" / "the Group") Notification of interests of Directors and Persons Discharging |
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The Group announces the following changes to the interests of a Director in the Group's ordinary shares of 5p each ('Shares').
Vesting of Award
On 14 March 2022 the share-based awards granted by the Group on 12 March 2019 under the Derwent London Performance Share Plan 2014 (the 'Awards') became exercisable. On 7 September 2026, the PDMR noted below acquired Shares in connection with the vesting of his Award. On the same date, 7 September 2026, the PDMR chose to sell a proportion of his vested Shares to discharge the relevant tax obligations, at an average price of £19.446020 per Share.
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Name |
Role |
Vested |
Shares sold |
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Damian M A Wisniewski |
Chief Financial Officer |
5,253 |
2,469 |
This announcement is made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.
For further information, please contact:
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Derwent London Tel: +44 (0)20 7659 3000 |
David Lawler, Company Secretary |
The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
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1. |
Details the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Damian M A Wisniewski |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Financial Officer |
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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 |
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a) |
Name |
Derwent London plc |
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b) |
LEI |
213800BXKQ9KZNUR1M61 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
5p Ordinary shares in Derwent London plc GB0002652740 |
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b) |
Nature of the transaction |
Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
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e) |
Date of the transaction |
7 September 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
5p Ordinary shares in Derwent London plc GB0002652740 |
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b) |
Nature of the transaction |
Sale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a PSP award granted under the Group's Performance Share Plan 2014. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
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e) |
Date of the transaction |
7 September 2026 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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