Director/PDMR Shareholding

RNS Number : 3431O

Clarkson PLC

16 May 2018

 

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

This notification is made in accordance with the Market Abuse Regulation.

The Company announces that on 14 May 2018 in fulfilment of the share element of the 2017 bonus, as disclosed in the 2017 annual report, the following Deferred Share Awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC 2014 Long Term Incentive Plan (the "Plan") to Executive Directors of the Company. No consideration was paid for the grant of the awards.  

The vesting of these awards is subject to continued employment and they will normally vest on 14 May 2022.

Executive Director	Number of shares granted	Form of award
Andi Case	9,928	Restricted Shares
Jeff Woyda	2,503	Restricted Shares
Peter M. Anker	1,144	Conditional Award

Also on 14 May 2018, the following Performance Awards over ordinary shares of 25p each in the Company were granted under the Plan.

Vesting of these awards is subject to the fulfilment of certain performance conditions and continued employment. If these conditions are met, awards will normally vest and become exercisable on the later of the third anniversary of grant and fulfilment of the relevant performance conditions. Vested awards will be subject to a further two-year holding period.

Executive Director                       Number of shares granted                                                Form of award                                                         

Andi Case                                                               26,978                                                                 Nil Cost Option

Jeff Woyda                                                              17,168                                                                 Nil Cost Option

Peter M. Anker                                                        17,168                                                                 Nil Cost Option

Following the grant of the above awards, the Executive Directors' interests in the Company's share capital is as follows:

	Ordinary Shares	% of Issued Share Capital	Restricted Shares	% of Issued Share Capital	Conditional award	% of Issued Share Capital	Performance Related Options	% of Issued Share Capital
Andi Case	500,000	1.65%	61,209	0.20%	-	-	104,602	0.35%
Jeff Woyda	75,000	0.25%	13,498	0.04%	-	-	64,526	0.21%
Peter M. Anker	250,000*	0.83%	-	-	9,003	0.03%	60,658	0.20%
* The interest in these ordinary shares is held by Langebru AS, which is entirely owned by Peter M Anker and Mrs H Anker.

The Company was informed of these transactions on 14 May 2018.

For further details contact:

Rachel Spencer

Company Secretary

Clarkson PLC               

Tel:  [phone]

16 May 2018

PDMR DEALING NOTIFICATION TEMPLATE
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andi Case
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan.  The award was in the form of restricted shares. No consideration was paid for the grant.  The award will normally vest on 14 May 2022, subject to continued employment.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	9,928
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue
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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan.   This award was granted as a nil cost option. It will normally vest on 14 May 2021, subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	26,978
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Peter Martin Anker
2	Reason for the notification
a)	Position/status	President of Brokerage and Investment Banking
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan.  The award was granted in the form of a conditional award. No consideration was paid for the grant.  It will normally vest on 14 May 2022, subject to continued employment.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	1,144
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue
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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan.   This award was granted as a nil cost option. It will normally vest on 14 May 2021, subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	17,168
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeff Woyda
2	Reason for the notification
a)	Position/status	Chief Financial Officer & Chief Operating Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan.  The award was in the form of restricted shares. No consideration was paid for the grant.  The award will normally vest on 14 May 2022, subject to continued employment.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	2,503
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue

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	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan.   This award was granted as a nil cost option. It will normally vest on 14 May 2021 subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	17,168
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 May 2018
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHGGUAWAUPRGQQ