Director/PDMR Shareholding

RNS Number : 5382M

Clarkson PLC

11 May 2020

 

Clarkson PLC

("Clarksons" or "the Company")

11 May 2020

Director/PDMR Shareholdings

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

Grant of Deferred Share Awards

The Company announces that on 7 May 2020, in fulfilment of the 10% deferred element of the 2019 bonus, as disclosed in the 2019 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.

The vesting of these awards is subject to continued employment and they will normally vest on 7 May 2024.

Director	Number of shares under award	Form of award
Mr Andi Case	9,952	Restricted shares
Mr Jeff Woyda	2,573	Restricted shares

Grant of Performance Awards

Also on 7 May 2020, after detailed consideration, the Remuneration Committee granted the following Performance Awards under the Plan, as disclosed in the 2019 annual report, over ordinary shares of 25p each in the Company.

Vesting of these awards is subject to the fulfilment of certain performance conditions over a three-year period and continued employment, followed by a two-year holding period. Under the Plan rules, the Remuneration Committee has full discretion to ensure that the final outturn reflects all relevant factors, including consideration of any windfall gains.

Director	Number of shares under award	Form of award
Mr Andi Case	34,351	Nil Cost Option
Mr Jeff Woyda	21,859	Nil Cost Option

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	SAYE options	% of issued share capital
Mr Andi Case	524,458	1.69%	34,449	0.13%	116,424	-	0.38%
Mr Jeff Woyda	80,602	0.27%	9,678	0.03%	72,048	813	0.24%

For further details please contact:

Company enquiries:

Rachel Spencer, Company Secretary

Tel: [phone]

Mob: [phone]

Camarco:

Billy Clegg

Tel: [phone]

Mob: [phone]

Jennifer Renwick

Tel: [phone]

Mob: [phone]

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 Leigh 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 Deferred Share Award (restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan in respect of deferred bonus.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£24.02	9,952
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 May 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeffrey David 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 Deferred Share Award (restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan in respect of deferred bonus.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£24.02	2,573
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 May 2020
f)	Place of the transaction	Outside a trading venue

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 Leigh 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 Performance Award (in the form of a nil cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£24.02	34,351
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 May 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeffrey David 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 Performance Award (in the form of a nil cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£24.02	21,859
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 May 2020
f)	Place of the transaction	Outside a trading venue

 

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