Director/PDMR Shareholding
Dialight plc announced on July 2, 2026, that it granted nil-cost options over a total of 343,372 ordinary shares under its 2023 Restricted Share Plan. Specifically, CEO Steve Blair received an award for 86,203 shares, and CFO Mark Fryer received an award for 50,287 shares. These options are subject to continued employment and will normally vest on the third anniversary of the grant date, with a mandatory two-year post-vesting holding period for Blair and Fryer.
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Dialight plc (LSE: DIA.L), a global leader in sustainable LED lighting for industrial applications, announces that on 2 July 2026, it made an award over 343,372 shares to employees under the Dialight Plc 2023 Restricted Share Plan ("DRSP").
In accordance with the rules of the Value Creation Plan ("VCP") approved by shareholders at the Company's 2024 AGM, Executive Directors who received a VCP award were not eligible to receive an award under the DRSP in either 2024 or 2025. It was anticipated that DRSP awards to Executive Directors would recommence in 2026. Accordingly, the persons discharging managerial responsibilities ("PDMRs") listed below have been granted nil-cost options, entitling them to receive ordinary shares of 1.89 pence each in the Company in accordance with the rules of the DRSP.
| Name | Number of shares awarded under the DRSP |
|---|---|
| Steve Blair | 86,203 |
| Mark Fryer | 50,287 |
Options will normally vest on the third anniversary of the grant date subject to continued employment with the Company. No consideration was paid for the grant of these options and no consideration is due to be paid by the participants on the vesting of these options. In respect of Steve Blair and Mark Fryer, a mandatory two-year post-vesting holding period applies.
| (a) | Name: | Dialight plc |
| (b) | LEI: | 2138001AD31KKD29Z495 |
| (a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary Shares of 1.89 pence each in Dialight plc GB0033057794 |
| (b) | Nature of the transaction: | Grant of a nil-cost option over 86,203 ordinary shares under the Dialight Plc 2023 Restricted Share Plan. |
| (c) | Price (pence): Volume(s): | Volume Price 86,203 0.00 |
| (d) | Aggregated information: - Aggregate volume: - Price (pence): | Not applicable - single transaction |
| (e) | Date of transaction: | 2 July 2026 |
| (f) | Place of transaction: | Outside a trading venue |
| 1. | Details of PDMR / person closely associated: | |
| (a) | Name: | Mark Fryer |
| 2. | Reason for the notification: | |
| (a) | Position / status: | CFO |
| (b) | Initial notification / amendment: | Initial notification |
| (a) | Name: | Dialight plc |
| (b) | LEI: | 2138001AD31KKD29Z495 |
| (a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary Shares of 1.89 pence each in Dialight plc GB0033057794 |
| (b) | Nature of the transaction: | Grant of a nil-cost option over 50,287 ordinary shares under the Dialight Plc 2023 Restricted Share Plan. |
| (c) | Price (pence): Volume(s): | Volume Price 50,287 0.00 |
| (d) | Aggregated information: - Aggregate volume: - Price (pence): | Not applicable - single transaction |
| (e) | Date of transaction: | 2 July 2026 |
| (f) | Place of transaction: | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.