Director/PDMR Shareholding

RNS Number : 2551S

CLS Holdings PLC

15 March 2021

 

CLS Holdings plc

(the "Company", the "Group")

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")

CLS Holdings plc Long Term Incentive Plan ("LTIP")

CLS Holdings plc announces that Fredrik Widlund, Chief Executive Officer and Director of the Company, and Andrew Kirkman, Chief Financial Officer and Director of the Company, have been awarded nil cost options over a number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") as set out below (the "Awards") on 10 March 2021.

PDMR Plan Participant	Award Plan	Award Price (pence per share)	No of shares pursuant to Award
Fredrik Widlund	LTIP	223p	314,899
Andrew Kirkman	LTIP	223p	153,955

The Awards were made based on the quoted closing price of the Company's Ordinary Share on 10 March 2021. The Awards will vest on the third anniversary of the date of grant, subject to the achievement of performance targets measured over a three-year period as set out in the Company's 2020 Remuneration Policy.  Vested Awards will be subject to an additional two-year holding period.

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)	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	Ordinary Shares of 2.5p Identification code: GB00BF044593
b)	Nature of the transaction	Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price	Volume
		0.00 p	314,899
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	10 March 2021
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Andrew Kirkman
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 2.5p Identification code: GB00BF044593
b)	Nature of the transaction	Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price	Volume
		0.00 p	153,955
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	10 March 2021
g)	Place of the transaction	Outside a trading venue

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