Director/PDMR Shareholding
Derwent London plc announced on March 24, 2026, that its Chief Executive, Paul M Williams, Chief Financial Officer, Damian M A Wisniewski, and Directors Nigel Q George and Emily J Prideaux received conditional awards of ordinary shares under the Annual Bonus Plan on March 23, 2026, as the deferred element of their 2025 bonuses. Mr. Williams was granted 3,944 shares, while Messrs. Wisniewski, George, and Ms. Prideaux each received 3,042 shares, with the awards priced at £15.403322 per share and subject to a three-year vesting period.
Select text to share a quote on X · sign in to keep highlights & notes in your DLN notes
Managerial Responsibility ("PDMR")
The Company announces the following changes to the interests of Directors in the Company's ordinary shares of 5p each ('Shares').
Bonus deferral
On 23 March 2026, the Company granted the following Share-based Awards under the Derwent London Annual Bonus Plan ('the Plan'), in respect of the deferred element of the 2025 annual bonus.
| Name | Role | Deferred Bonus Award (Number) |
|---|---|---|
| Paul M Williams | Chief Executive | 3,944 |
| Damian M A Wisniewski | Chief Financial Officer | 3,042 |
| Nigel Q George | Director | 3,042 |
| Emily J Prideaux | Director | 3,042 |
In accordance with the Plan, bonuses of up to 75% of base salary are paid as cash. Amounts in excess of 75% are deferred into shares and released after three years (on the third anniversary of the Award's grant date), but only to the extent that the participant is still employed by Derwent London at that time. The Directors are each entitled to additional vesting shares for dividend equivalents in respect of dividends paid on vested shares between the grant date and the release date.
Other than the application of a percentage of the annual bonus in the acquisition of the Shares, no consideration is payable on the grant or release of an Award.
This announcement is made in accordance with Market Abuse Regulations and Rule 3.1 of the Disclosure and Transparency Rules.
The Company was notified of the grant of all Awards on 23 March 2026.
| 1. | Details the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul M Williams | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Executive | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Derwent London plc | ||||
| b) | LEI | 213800BXKQ9KZNUR1M61 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | 5p Ordinary shares in Derwent London plc GB0002652740 | ||||
| b) | Nature of the transaction | Grant of a conditional award under the Derwent London Annual Bonus Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 23 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange - Main Market (XLON) | ||||
| 1. | Details the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Damian M A Wisniewski | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Financial Officer | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Derwent London plc | ||||
| b) | LEI | 213800BXKQ9KZNUR1M61 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | 5p Ordinary shares in Derwent London plc GB0002652740 | ||||
| b) | Nature of the transaction | Grant of a conditional award under the Derwent London Annual Bonus Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 23 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange - Main Market (XLON) | ||||
| 1. | Details the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Nigel Q George | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Director | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Derwent London plc | ||||
| b) | LEI | 213800BXKQ9KZNUR1M61 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | 5p Ordinary shares in Derwent London plc GB0002652740 | ||||
| b) | Nature of the transaction | Grant of a conditional award under the Derwent London Annual Bonus Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 23 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange - Main Market (XLON) | ||||
| 1. | Details the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Emily J Prideaux | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Director | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Derwent London plc | ||||
| b) | LEI | 213800BXKQ9KZNUR1M61 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | 5p Ordinary shares in Derwent London plc GB0002652740 | ||||
| b) | Nature of the transaction | Grant of a conditional award under the Derwent London Annual Bonus Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 23 March 2026 | ||||
| f) | Place of the transaction | London Stock Exchange - Main Market (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.