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| Date: 19 May 2021
Dialight plc (the "Company")
Director / PDMR Shareholding
Options under the Dialight plc 2014 Performance Share Plan ("PSP")
On 19 May 2021, and following the conclusion of the Company's 2021 Annual General Meeting at which the Company's 2021 Remuneration Policy was approved, Fariyal Khanbabi, Group Chief Executive Officer and Executive Director, was granted a restricted share award which entitled her to receive 89,547 ordinary shares of 1.89 pence each in the Company in accordance with the rules of the Dialight PLC 2014 Performance Share Plan .
The award will normally vest on the third anniversary of grant subject to continued employment at the date of vesting, and provided that the Remuneration Committee is satisfied that the underlying performance of the Company justifies the vesting. No other performance metrics will apply.
No consideration was paid for the grant of this award and no consideration is due to be paid by Fariyal Khanbabi on the vesting of the award. On vesting, options will be exercisable between 19 May 2024 and 19 May 2026. A mandatory two-year post-vesting holding period applies to the award.
The notifications below, which have been made in accordance with the requirement of the UK Market Abuse Regulation, provide further details.
Richard Allan General Counsel & Company Secretary DD: +44 (0) 203 058 3546
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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