Director/PDMR Shareholding

RNS Number : 3041H

Robert Walters PLC

06 June 2017

 

6 June 2017

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

2014 vesting

The Company was informed on 6 June 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares").

These dealings were pursuant to the exercise of awards under the Robert Walters Long Term Incentive Plan ("LTIP") on 5 June 2017.  Pursuant to instructions given by the relevant Directors, a fixed proportion of the awards were sold on 5 June 2017 to satisfy the associated tax obligations arising upon the vesting of the Ordinary Shares.

Director	Number of Awards exercised	Exercise price (p)	Number of shares sold	Sale price (p)	Net increase in shareholdings
Robert Walters	87,336	0	41,172	385	46,164
Giles Daubeney	72,815	0	34,327	385	38,488
Alan Bannatyne	53,324	0	25,138	385	28,186

The Company also announces that certain Directors exercised awards on 5 June 2017 under The Robert Walters UK Sharesave Plan 2014 over ordinary shares of 20p each held in the Robert Walters Employee Benefit Trust.

Director	Number of Awards exercised	Exercise price (p)	Net increase in shareholdings
Robert Walters	6,792	265	6,792
Giles Daubeney	6,792	265	6,792
Alan Bannatyne	6,792	265	6,792

There has therefore been an increase in the overall shareholdings of each of the Directors as a result of these dealings and individual shareholdings before and after are set out below:

Director	Shareholding prior to this announcement	% holding  in Company	Shareholding after this announcement	% holding in Company
Robert Walters	2,519,930	3.38	2,572,886	3.45
Giles Daubeney	1,807,242	2.43	1,852,522	2.49
Alan Bannatyne	424,247	0.57	459,225	0.62

Robert Walters plc's issued share capital consists of 78,573,819 Ordinary Shares with voting rights. Robert Walters plc holds 4,074,000 Ordinary Shares in Treasury.

Therefore, the total number of voting rights in Robert Walters plc is 74,499,819.

The above figure of 74,499,819 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FSA's Disclosure and Transparency Rules.

APPENDIX

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Robert Walters
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Robert Walters plc
(b)	LEI	213800LIE15BDEN3VW43
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 20p each
(b)	Identification code of the Financial Instrument	ISIN Code : GB0008475088
(c)	Nature of the transaction	Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0p	87,336
		265p	6,792
		385p	41,172
(e)	Aggregated information -            Aggregated volume -           Price	94,128 (exercised) , 41,172 (sold) 0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)	Date of the transaction	5 June 2017
(g)	Place of the transaction	London Stock Exchange

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Giles Daubeney
2.	Reason for the notification
(a)	Position/status	Deputy Chief Executive Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Robert Walters plc
(b)	LEI	213800LIE15BDEN3VW43
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 20p each
(b)	Identification code of the Financial Instrument	ISIN Code : GB0008475088
(c)	Nature of the transaction	Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0p	72,815
		265p	6,792
		385p	34,327
(e)	Aggregated information -            Aggregated volume -           Price	79,607 (exercised), 34,327 (sold) 0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)	Date of the transaction	5 June 2017
(g)	Place of the transaction	London Stock Exchange

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Alan Bannatyne
2.	Reason for the notification
(a)	Position/status	Chief Financial Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Robert Walters plc
(b)	LEI	213800LIE15BDEN3VW43
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 20p each
(b)	Identification code of the Financial Instrument	ISIN Code : GB0008475088
(c)	Nature of the transaction	Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0p	53,324
		265p	6,792
		385p	25,138
(e)	Aggregated information -            Aggregated volume -           Price	60,116 (exercised), 25,138 (sold) 0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)	Date of the transaction	5 June 2017
(g)	Place of the transaction	London Stock Exchange

Enquiries:

Robert Walters plc

Robert Walters, Chief Executive

Alan Bannatyne, Chief Financial Officer                 [phone]

Newgate Communications

Steffan Williams

Charlotte Coulson                                                  [phone]

 

END

 

 

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