TIDMDPLM

RNS Number : 6260X

Diploma PLC

27 November 2017

DIPLOMA PLC

12 CHARTERHOUSE SQUARE, LONDON EC1M 6AX

TELEPHONE: +44 (0)20 7549 5700

FACSIMILE: +44 (0)20 7549 5715

FOR IMMEDIATE RELEASE

27 November 2017

DIPLOMA PLC

(the "Company")

DIRECTOR / PDMR Dealings

Diploma PLC has been notified that the following Directors have exercised in full, their options over Ordinary Shares of 5p each in the Company ("Shares") which vested, in connection with share awards granted on 5 February 2015 under the Diploma PLC 2011 Performance Share Plan ("PSP"). As a consequence, the Directors have become entitled to acquire Shares in the Company as set out below.

These nil cost options relate to the three-year performance period ended 30 September 2017. Further details relating to the performance conditions of these awards are set out in the Annual Report & Accounts 2017 which will be mailed to shareholders on 7 December 2017.

The number of Shares acquired by the Directors has been reduced as part of arrangements under which the Company will settle the PAYE liability of the Directors which arises as a result of the exercise of the options. The table below shows the total number of Shares vested, the PAYE adjustment on the vested Shares and the net number of Shares acquired by each Director.

 
                               Number of Shares 
                Total Shares   PAYE Adjustment   Total Shares 
                      Vested                         Acquired     Market Price 
 BM Thompson          94,565          (44,445)         50,120           11.96p 
 NP Lingwood          61,056          (28,696)         32,360           11.96p 
 

Following the above transaction, the Directors disposed of Shares on 24 November 2017 as follows:

 
                              Number of Shares 
                                                                % of Issued 
                                                    Resultant         Share 
                              Shares     Share     Beneficial       Capital 
                  Shares     Gifted*     Price        Holding 
                    Sold 
 BM Thompson      98,670       5,000     1196p        516,450         0.46% 
 NP Lingwood      52,360           -     1196p        180,000         0.16% 
 

*Mr BM Thompson, a Director of the Company, transferred 5,000 Shares in the Company for nil consideration to a charitable foundation of which Mr Thompson is a trustee.

The notification set out below has been made in accordance with Article 19 of the EU Market Abuse Regulation.

 
 
   1     Details of the Director/PDMR/PCA 
----  --------------------------------------------------------------- 
 a)    Name                              1.   BM Thompson 
 
                                          2.   NP Lingwood 
----  -------------------------------  ------------------------------ 
 
   2     Reason for the notification 
----  --------------------------------------------------------------- 
 a)    Position/Status                   1.   Chief Executive 
                                                Officer 
 
                                          2.   Group Finance 
                                                Director 
----  -------------------------------  ------------------------------ 
 b)    Initial notification/Amendment   Initial notification 
----  -------------------------------  ------------------------------ 
 
   3     Details of the issuer 
----  --------------------------------------------------------------- 
 a)    Name                             Diploma PLC 
----  -------------------------------  ------------------------------ 
 b)    LEI                              2138000G17VY8FGR19 
----  -------------------------------  ------------------------------ 
 
   4     Details of the transactions: 
----  --------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 5p each 
        the financial                    in the Company 
        instrument, type 
        of instrument 
 
        Identification                   GB0001826634 
        code 
----  -------------------------------  ------------------------------ 
 b)    Nature of the                     1.   Exercise, sale of 
        transaction                             shares and gift of 
                                                shares 
 
                                          2.   Exercise and sale 
                                                of shares 
----  -------------------------------  ------------------------------ 
 c)    Price(s) and                            Price   Volume 
        volume(s)                          1.   1196p   98,670 
                                                Gift    5,000 
 
                                           2.   1196p   52,360 
----  -------------------------------  ------------------------------ 
 d)         Aggregated information             Price   Volume 
                                           1.   1196p   98,670 
              *    Aggregated volume            Gift    5,000 
 
                                           2.   1196p   52,360 
 
              *    Price 
----  -------------------------------  ------------------------------ 
 e)    Date of the transaction          24 November 2017 
----  -------------------------------  ------------------------------ 
 f)    Place of the                     London Stock Exchange, United 
        transaction                      Kingdom 
----  -------------------------------  ------------------------------ 
 

For further information, please contact:

 
                                                 +44 (0)20 7549 
       Diploma PLC -                              5700 
       Anthony Gallagher, Group Company 
        Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 27, 2017 11:00 ET (16:00 GMT)

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