LONDON - Diploma PLC has granted long-term incentive awards to its executive directors, as announced on November 27, 2024. The Remuneration Committee of the international technical products and services provider approved the grant of ordinary shares under the company's 2020 Performance Share Plan (PSP).
Chief Executive Officer JD (NASDAQ:JD) Thomson received 61,090 ordinary shares, while Chief Financial Officer C Davies was awarded 29,401 shares. Both grants are based on a share price of £45.10. These awards will vest subject to the fulfillment of performance conditions over a three-year period ending on September 30, 2027.
The specifics of the performance conditions tied to these awards will be detailed in the company's Annual Report & Accounts 2024, which will be shared with shareholders shortly. The report will also be accessible on the Diploma PLC website.
The transaction took place on November 26, 2024, on the London Stock Exchange (LON:LSEG). This move aligns the interests of the executive directors with the company's long-term performance and shareholder value.
The confirmation of these transactions is in compliance with the UK Market Abuse Regulation. This statement is based on a press release issued by Diploma PLC.
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