Director/PDMR Shareholding

RNS Number : 6229J

CLS Holdings PLC

14 April 2020

 

CLS Holdings plc

(the "Company")

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

CLS Holdings plc Performance Incentive Plan ("PIP")

CLS Holdings plc announces that on the vesting of a PIP share award in respect of Andrew Kirkman's, Chief Financial Officer and Director of the Company, recruitment remuneration on 5 April 2020, he became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below, all of which have been purchased by the Company on behalf of Mr Kirkman on 9 April 2020 at the price per Ordinary Share set out below. The Company simultaneously disposed of the number of Ordinary Shares to which Mr Kirkman had become beneficially entitled in order to settle his tax liability at the price per Ordinary Share set out below:

Plan Participant	Award Plan	Number of Ordinary shares acquired	Number of Ordinary shares disposed	Average price in pence	Resultant total shareholding
Andrew Kirkman	CLS Holdings plc Performance Incentive Plan (Element B)	68,523	27,556	233.75 p	40,967

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)	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	Vesting of shares under the CLS Holdings plc Performance Incentive Plan
c)	Price(s) and volume(s)	Price	Volume
		233.75 p	68,523
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	9 April 2020
g)	Place of the transaction	London Stock Exchange

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	Sale of shares acquired from the vesting of shares under the CLS Holdings plc Performance Incentive Plan
c)	Price(s) and volume(s)	Price	Volume
	Purchase	233.75p	27,556
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	9 April 2020
g)	Place of the transaction	London Stock Exchange

- end -

 

END

 

 

DSHFLFFSSFISLII