CatalystWireBeta

Director/PDMR Shareholding

In brief · summary, not quotable

Derwent London plc announced that on April 7, 2026, Directors and Persons Discharging Managerial Responsibility (PDMRs) received shares from the vesting of awards granted under the Group's deferred bonus scheme, which were originally deferred on April 4, 2023. Following the vesting, these individuals sold a portion of their shares, including amounts to cover tax obligations, at an average price of £16.030600 per share. Specifically, Chief Executive Paul M Williams vested 7,351 shares and sold 3,458, Chief Financial Officer Damian M A Wisniewski vested 5,879 shares and sold 2,767, and Director Emily J Prideaux vested 5,246 shares and sold 2,469.

Full announcement

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').

Vesting of Award

On 7 April 2026, the Company released shares in connection with the vesting of awards granted under the terms of the Group's deferred bonus scheme. The shares were deferred on 4 April 2023 in respect to the 2022 annual bonus.

On the same date, the PDMRs choose to sell all, or a proportion, of their released shares (which included a number to discharge the relevant tax obligations), in all cases at an average price of £16.030600 per share.

NameRoleVested (Number)Shares sold (Number)
Paul M WilliamsChief Executive7,3513,458
Damian M A WisniewskiChief Financial Officer5,8792,767
Emily J PrideauxDirector5,2462,469

1 of the Disclosure and Transparency Rules.

1.Details the person discharging managerial responsibilities / person closely associated
a)NamePaul M Williams
2.Reason for the notification
a)Position / statusChief Executive
b)Initial notification / AmendmentInitial notification
a)NameDerwent London plc
b)LEI213800BXKQ9KZNUR1M61
a)Description of the financial instrument, type of instrument Identification code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionAcquisition of shares in connection with the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)Price(s) Volume(s) Nil 7,351
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionOutside a trading venue
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 code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionSale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)
PriceVolume
£16.0306003,458
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionLondon Stock Exchange (XLON)
1.Details the person discharging managerial responsibilities / person closely associated
a)NameDamian M A Wisniewski
2.Reason for the notification
a)Position / statusChief Financial Officer
b)Initial notification / AmendmentInitial notification
a)NameDerwent London plc
b)LEI213800BXKQ9KZNUR1M61
a)Description of the financial instrument, type of instrument Identification code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionAcquisition of shares in connection with the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)Price(s) Volume(s) Nil 5,879
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionOutside a trading venue
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 code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionSale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)
PriceVolume
£16.0306002,767
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionLondon Stock Exchange (XLON)
1.Details the person discharging managerial responsibilities / person closely associated
a)NameEmily J Prideaux
2.Reason for the notification
a)Position / statusDirector
b)Initial notification / AmendmentInitial notification
a)NameDerwent London plc
b)LEI213800BXKQ9KZNUR1M61
a)Description of the financial instrument, type of instrument Identification code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionAcquisition of shares in connection with the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)Price(s) Volume(s) Nil 5,246
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionOutside a trading venue
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 code5p Ordinary shares in Derwent London plc GB0002652740
b)Nature of the transactionSale of shares to cover income tax and National Insurance contributions liability arising from the vesting of a deferred bonus award granted under the Group's deferred bonus scheme.
c)Price(s) and volume(s)
PriceVolume
£16.0306002,469
d)Aggregated information - Aggregated volume - PriceNot applicable - single transaction
e)Date of the transaction7 April 2026
f)Place of the transactionLondon Stock Exchange (XLON)

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note