Director/PDMR Shareholding

RNS Number : 1917H
CLS Holdings PLC
08 March 2018
 

LEI: 213800A357TKB2TD9U78

 

CLS Holdings plc

 

(the "Company")

 

Notification of Persons Discharging Managerial Responsibilities ("PDMR") Interest in Shares

 

 

CLS Holdings plc Performance Incentive Plan ("PIP")

 

 

Following the release of the Company's Annual Financial Report on 7 March 2018, the Remuneration Committee granted the following Awards over ordinary shares of 2.5 pence each in the capital of the Company under Element B of the PIP in the form of conditional share awards.  The Awards were made following the Committee's determination of the level of satisfaction of the Key Performance Targets for the 2017 financial year as set out in the 2017 Annual Report and Accounts.

 

PDMRs

Number of Shares subject to the Award

Fredrik Widlund

 

107,720

John Whiteley

 

70,388

Simon Wigzell

56,466

 

The key terms of the Awards made under Element B of the PIP are:-

-     Awards will vest on the third anniversary of the award date provided that the participant remains employed by the Company, and

-     no shares subject to Awards (apart from those sold to meet any tax liability) can be sold prior to the 5th anniversary of the award date.

Full details of the PIP are set out in the Company's Remuneration Policy which is available at www.clsholdings.com  

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Fredrik Widlund

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

 

CLS Holdings plc

b)

LEI

 

213800A357TKB2TD9U78

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

 

Identification code:

 

Ordinary Shares of CLS Holdings Plc of 2.5 pence each.

 

 

GB00BF044593

 

b)

Nature of the transaction

Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan.

c)

Price(s) and volume(s)

Price

 

 

Nil

 

Volume

 

 

107,720

d)

Currency

GBP - British Pound

e)

Aggregated information

N/A

 

f)

Date of the transaction

 

7 March 2018

g)

Place of the transaction

 

Outside a trading venue

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

John Whiteley

2

 

Reason for the notification

a)

Position/status

 

Chief Financial Officer

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

 

213800A357TKB2TD9U78

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 CLS Holdings Plc of 2.5 pence each.

 

Identification code: GB00BF044593

 

b)

Nature of the transaction

Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan.

c)

Price(s) and volume(s)

Price

 

 

Nil

 

Volume

 

 

70,388

d)

Currency

GBP - British Pound

e)

Aggregated information

 

N/A

f)

Date of the transaction

 

7 March 2018

g)

Place of the transaction

 

Outside a trading venue

 

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Simon Wigzell

2

 

Reason for the notification

a)

Position/status

 

Head of Group Property

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

 

213800A357TKB2TD9U78

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 CLS Holdings Plc of 2.5 pence each.

 

Identification code: GB00BF044593

 

b)

Nature of the transaction

Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan.

c)

Price(s) and volume(s)

Price

 

 

Nil

 

Volume

 

 

56,466

d)

Currency

GBP - British Pound

e)

Aggregated information

 

N/A

f)

Date of the transaction

 

7 March 2018

g)

Place of the transaction

 

Outside a trading venue

 

 

 

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

Tel: +44 (0) 20 7582 7766

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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