Director/PDMR Shareholding

RNS Number : 9995K

CLS Holdings PLC

27 September 2016

 

CLS Holdings plc

(the "Company", the "Group" or "CLS")

Notifications of transactions by Persons Discharging Managerial Responsibilities ("PDMR"s)

The Company announces that pursuant to the Company's Tender Offer, as described in the Circular to shareholders dated 26 August 2016, which completed on 22 September 2016, the PDMRs of the Company below have notified the Company of the sale by Tender of those number of ordinary shares of 25 pence in the Company ("Ordinary Shares") at 1,750 pence per share, and are now interested in the number of Ordinary Shares as set out against their name:

Directors/Persons Discharging Managerial Responsibilities	Number of Ordinary Shares sold pursuant to the Tender Offer	Total holding following sale	% of Total Voting Rights
Sten Mortstedt …	219,544	20,774,174	50.99%
Joseph Crawley*	2,426	229,608	0.56%
Fredrik Widlund	545	22,149	0.05%
John Whiteley **	404	13,596	0.03%
Lennart Sten	103	2,850	0.01%

… held by Creative Value Investment Group Limited, a company owned by the Sten and Karin Mortstedt Family and Charity Trust.

* held in Trust for Angela Crawley, the wife of Joseph Crawley.

** held by Dianne Whiteley, the wife of John Whiteley.

The Notification of Dealing Form, which provides further detail, can be found below.

The notification is made in accordance with the EU Market Abuse Regulation.

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

Tel: [phone]

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Sten Mortstedt (Director) Joseph Crawley (Director) Fredrik Widlund (Director) John Whiteley (Director) Lennart Sten (Director)
2	Reason for the notification
a)	Position/status	As noted in 1a) above
b)	Initial notification/amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CLS Holdings plc
b)	LEI	n/a
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	Ordinary Shares of 25p Identification code: GB0001592475
b)	Nature of the transaction	Sale of Ordinary Shares of 25p through the Company's Tender Offer, purchased at 1,750 pence per share.
c)	Price and volume	Director/PDMR Price(s) Volume(s) Sten Mortstedt 1,750 pence per share 219,544 Joseph Crawley 1,750 pence per share 2,426 Fredrik Widlund 1,750 pence per share 545 John Whiteley 1,750 pence per share 404 Lennart Sten 1,750 pence per share 103
d)	Aggregated information	N/A
e)	Date of the transaction	22 September 2016
f)	Place of the transaction	London Stock Exchange

 

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