Dialight plc (the "Company")
PDMR Shareholding
Dialight plc (LSE: DIA.L), the global leader in sustainable LED lighting for industrial applications, hereby announces that following the vesting on 8 April 2024 of conditional awards granted pursuant to the rules of the Dialight PLC 2014 Performance Share Plan ("PSP") which entitled those granted the conditional awards to acquire ordinary shares of 1.89 pence each at nil cost in the Company ("Ordinary shares") subject to continued employment it has been notified that, on 11 April 2024, the following Persons Discharging Managerial Responsibilities (PDMR's) have exercised their conditional awards:
| Name | Conditional awards vested and exercised |
| Rizwan Ahmad | 19,272 |
| Matthew Boudiette | 19,272 |
Following the exercise of the options the Company has also been informed that Rizwan Ahmad sold 7,476 Ordinary shares at 169.2701p per shares and Matthew Boudiette also sold 9,023 Ordinary shares at 169.2701p per share to cover their respective tax liabilities.
Following the above transactions, Rizwan Ahmad is interested in a total of 51,609 Ordinary Shares, representing 0.13% of the Company's issued share capital while Matthew Boudiette is interested in a total of 41,772 Ordinary shares representing 0.10% of the Company's issued share capital.
Richard Allan
General Counsel & Company Secretary
DD: +44 (0) 203 058 3546
The information below, set out in accordance with the requirement of Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), provides further details:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Rizwan Ahmad | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR- VP of Technology and Engineering | ||||||
| b) | Initial notification /Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Dialight plc | ||||||
| b) | LEI | 2138001AD31KKD29Z495 | ||||||
| 4 | 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 | Ordinary shares of 1.89 pence each in Dialight plc GB0033057794 | ||||||
| b) | Nature of the transaction | Exercise of conditional award over 19,272 ordinary shares under the Dialight PLC 2014 Performance Share Plan and sale of 7,476 ordinary shares to cover tax liabilities | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction | ||||||
| e) | Date of the transaction | 11 April 2024 | ||||||
| f) | Place of the transaction | London Stock Exchange | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Matthew Boudiette | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR- VP and General Manager, OE Sales | ||||||
| b) | Initial notification /Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Dialight plc | ||||||
| b) | LEI | 2138001AD31KKD29Z495 | ||||||
| 4 | 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 | Ordinary shares of 1.89 pence each in Dialight plc GB0033057794 | ||||||
| b) | Nature of the transaction | Exercise of conditional award over 19,272 ordinary shares under the Dialight PLC 2014 Performance Share Plan and sale of 9,023 ordinary shares to cover tax liabilities | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
Not applicable - single transaction
| ||||||
| e) | Date of the transaction | 11 April 2024 | ||||||
| f) | Place of the transaction | London Stock Exchange | ||||||
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