Director/PDMR Shareholding

RNS Number : 4964T

Robert Walters PLC

12 October 2017

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

The Company was informed on 12 October 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares") that occurred on the same date.

Robert Walters, Chief Executive Officer of the Company, and Giles Daubeney, Deputy Chief Executive Officer of the Company, exercised options to purchase Ordinary Shares under the terms of The Robert Walters Executive Share Option Scheme as outlined in the table below:

Director

Number of Awards exercised

Exercise

price (p)

Number of shares sold

Sale price (p)

Net increase in shareholdings

Robert Walters

300,000

208

300,000

580

Robert Walters

300,000

211

300,000

580

Giles Daubeney

250,000

208

250,000

580

Giles Daubeney

250,000

211

250,000

580

The Company also received notice that on 12 October 2017, Robert Walters, sold an additional 392,581 Ordinary Shares at a price of 580p per share. On the same date Giles Daubeney, Deputy Chief Executive Officer of the Company, sold an additional 150,000 Ordinary Shares also at a price of 580p per share.

In aggregate, Robert Walters and Giles Daubeney have therefore today sold 992,581 Ordinary Shares and 650,000 Ordinary Shares respectively at a price of 580p per Ordinary Share.

As a result of the exercise of these share options and subsequent share sales, there has therefore been a change in the overall shareholdings of each of these Directors as set out below:

Director	Shareholding prior to this announcement	% holding in Company	Shareholding after this announcement	% holding in Company
Robert Walters	2,617,205	3.51	2,224,624	2.96
Giles Daubeney	1,883,069	2.53	1,733,069	2.30

Robert Walters plc's issued share capital consists of 79,340,740 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 75,266,740.

The above figure of 75,266,740 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	Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		208p	300,000
		211p	300,000
		580p	992,581
(e)	Aggregated information - Aggregated volume - Price	300,000 (exercised) at 208p 300,000 (exercised) at 211p 992,581 (sold) at 580p
(f)	Date of the transaction	12 October 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	Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		208p	250,000
		211p	250,000
		580p	650,000
(e)	Aggregated information - Aggregated volume - Price	250,000 (exercised) at 208p 250,000 (exercised) at 211p 650,000 (sold) at 580p
(f)	Date of the transaction	12 October 2017
(g)	Place of the transaction	London Stock Exchange