Director/PDMR Shareholding
Derwent London PLC announced that Damian M A Wisniewski, Chief Financial Officer, acquired 5,253 ordinary shares on 7 September 2026 in connection with the vesting of a performance share award. On the same date, Mr. Wisniewski sold 2,469 of these shares at an average price of £19.446020 per share to cover tax obligations.
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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.
| Name | Role | Vested (Number) | Shares sold (Number) |
|---|---|---|---|
| Damian M A Wisniewski | Chief Financial Officer | 5,253 | 2,469 |
1 of the Disclosure and Transparency Rules.
| 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 | Acquisition of shares in connection with the vesting of a PSP award granted under the Group's Performance Share Plan 2014. | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 5,253 | ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 7 September 2026 | ||||
| f) | Place of the transaction | Outside 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 code | 5p Ordinary shares in Derwent London plc GB0002652740 | ||||
| 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. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
| e) | Date of the transaction | 7 September 2026 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.