1 March 2021
On 26 February 2021, nil cost awards of 52,791 ordinary shares in Wilmington plc (the "Company") were granted under the Wilmington Performance Share Plan 2017 (the "Plan") to Guy Millward the Chief Financial Officer of the Company.
No consideration was paid for the grant of the awards. The vesting of the awards is subject to the satisfaction of performance conditions, which will be assessed over three years to 30 September 2023. The performance measures and targets for Guy Millward will be confirmed in the Directors' Remuneration Report for the 2021 financial year.
The awards granted are subject to a condition that the Remuneration Committee may reduce the extent of vesting if and to the extent it considers that any of the value of the award represents a windfall gain caused by the impact on the price of a share of the Covid-19 pandemic.
The awards granted to the are subject to an additional condition that ordinarily all of the shares acquired (after sales to cover tax) must be retained until the second anniversary of the vesting date.
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
For further information, please contact:
Chief Financial Officer and Company Secretary
Charles Palmer / Dwight Burden / Emma Hall / Debbie Oluwaseyi Sonaike
020 7422 6800
020 3727 1000
Notes to Editors
Wilmington plc is the recognised knowledge leader and partner of choice for data, information, education and networking in Risk & Compliance, Healthcare and Professional areas. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington is a premium listed company on the main market of the London Stock Exchange.
Details of the Person Discharging Managerial Responsibility ("PDMR") / person closely associated with them ("PCA")
Reason for the notification
Chief Financial Officer
Initial notification / amendment
Details of the Issuer
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
Description of the financial instrument, type of instrument
Ordinary Shares in Wilmington plc
Nature of the transaction
Grant of award over Ordinary Shares under the Company's Performance Share Plan 2017
Price(s) and volume(s)
Date of the transaction
26 February 2021
Place of the transaction
Outside a trading venue