LONG TERM INCENTIVE AWARDS TO EXECUTIVE DIRECTORS
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The Remuneration Committee has approved the grant of long-term incentive Awards of Ordinary Shares of 5p each in Diploma PLC to the Executive Directors on 27 November 2023 under the Diploma PLC 2020 Performance Share Plan (as amended) ("PSP"):
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| PSP Award Shares | Share Price |
| JD Thomson | 73,608 Ordinary Shares | £33.42 |
| C Davies | 38,150 Ordinary Shares | £33.42 |
The Awards are subject to the achievement of performance conditions measured over a three-year performance period ending 30 September 2026 and the number of Ordinary Shares shown above represent the maximum number of shares which may vest in connection with these Awards.
A summary of the PSP, including the performance conditions relating to these Awards, is set out in the Annual Report & Accounts 2023 that will be sent to Shareholders in due course. A further announcement will be made when the Annual Report & Accounts is dispatched to Shareholders. The Annual Report & Accounts 2023 will also be available on the Company's website at www.diplomaplc.com.
The Notification of Dealing Form can be found below. This announcement is made in accordance with the UK Market Abuse Regulation.
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1 |
Details of the Director/PDMR/PCA
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| a) | Name
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2 |
Reason for the notification
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| a) | Position/Status
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| b) | Initial notification/Amendment
| Initial notification | |||||||||
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3 |
Details of the issuer
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| a) | Name
| Diploma PLC
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| b) | LEI
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2138008OGI7VYG8FGR19
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4 |
Details of the transactions:
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| a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each in the Company
GB0001826634 | |||||||||
| b) | Nature of the transaction
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| c) | Price(s) and volume(s)
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| d) | Aggregated information
- Aggregated volume
- Price
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| e) | Date of the transaction
| 27 November 2023 | |||||||||
| f) | Place of the transaction
| London Stock Exchange, United Kingdom | |||||||||
For further information, please contact:
| J Morrison, Group Company Secretary & General Counsel | +44 (0)20 7549 5700 |
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Further information on Diploma PLC can be found at www.diplomaplc.com
LEI: 2138008OGI7VYG8FGR19
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