CLARKSON PLC
("the Company")
Director/PDMR Shareholdings
This notification is made in accordance with the Market Abuse Regulation.
The Company announces that on 5 June 2018 the Deferred Share Awards granted on 5 June 2014 under the Clarkson PLC 2014 Long Term Incentive Plan vested, following the end of a four year deferral period. The following PDMRs acquired ordinary shares in the Company in connection with the vesting and sold part of their acquired shares to fund tax liabilities arising from the vesting:
Director |
Ordinary shares acquired on vesting |
Shares sold at £26.94 per ordinary share |
Ordinary shares retained from vesting |
Mr Andi Case |
9,924 |
4,676 |
5,248 |
Mr Jeff Woyda |
2,117 |
998 |
1,119 |
Following the above transactions, which are detailed in the attached PDMR Notification Dealing Forms, the Directors' interests in the Company's share capital is as follows:
Director |
Ordinary shares |
% of Issued Share Capital |
Restricted shares |
% of issued share capital |
Performance-related options |
% of issued share capital |
Mr Andi Case |
505,248 |
1.67% |
51,285 |
0.17% |
104,602 |
0.35% |
Mr Jeff Woyda |
76,119 |
0.25% |
11,381 |
0.04% |
64,526 |
0.21% |
For further details please contact:
Rachel Spencer
Group Company Secretary
Clarkson PLC
Tel: +44(0) 20 7334 3476
6 June 2018
PDMR DEALING NOTIFICATION TEMPLATE |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Andrew Leigh Case
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Clarkson PLC |
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b) |
Legal Entity Identifier |
2138007G6BGTEHI3OT22 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 25p each in Clarkson PLC |
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Identification code |
GB0002018363 |
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b) |
Nature of the transaction |
Vesting of Deferred Share Award (granted as restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan. No consideration was paid for the grant of the awards.
Number of shares vested: 9,924 Sold to cover tax: 4,676 Retained: 5,248 |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£26.94 |
4,676
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|
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d) |
Aggregated information |
Not applicable - single transaction |
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- Aggregated volume |
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- Price |
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e) |
Date of the transaction |
5 June 2018 |
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f) |
Place of the transaction |
Outside a trading venue |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Jeffrey David Woyda
|
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer & Chief Operating Officer
|
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Clarkson PLC |
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b) |
Legal Entity Identifier |
2138007G6BGTEHI3OT22 |
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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 |
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b) |
Nature of the transaction |
Vesting of Deferred Share Award (granted as restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan. No consideration was paid for the grant of the awards.
Number of shares vested: 2,117 Sold to cover tax: 998 Retained: 1,119
|
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£26.94 |
998
|
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|
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d) |
Aggregated information |
Not applicable - single transaction |
|
- Aggregated volume |
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- Price |
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e) |
Date of the transaction |
5 June 2018 |
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f) |
Place of the transaction |
Outside a trading venue |