Director/PDMR Shareholding

RNS Number : 6851L

CLS Holdings PLC

01 May 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 Element B of the 2017 PIP share award, Fredrik Widlund, Chief Executive Officer and Director of the Company, on 25 April 2020, became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below. On 29 April 2020 Mr Widlund disposed of the number of Ordinary Shares set out below to which he had become beneficially entitled in order to settle his tax liability on vesting of the 2017 PIP award at the price per Ordinary Share set out below:

Plan Participant	Award Plan	Number of Ordinary shares acquired	Number of Ordinary shares disposed	Price in pence	Resultant total shareholding
Fredrik Widlund	CLS Holdings plc Performance Incentive Plan (Element B)	126,860	59,238	209.86p	67,622

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	Vesting of shares under the CLS Holdings plc Performance Incentive Plan
c)	Price(s) and volume(s)	Price	Volume
		0.00 p	126,860
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	25 April 2020
g)	Place of the transaction	Outside a trading venue

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	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
		209.86p	59,238
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	29 April 2020
g)	Place of the transaction	London Stock Exchange

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