Director/PDMR Shareholding

RNS Number : 4462J

Robert Walters PLC

09 April 2020

 

9 April 2020

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

2017 Performance Share Plan Scheme exercise

The Company announces that it was notified on 9 April 2020 of the following dealings by the Executive Directors listed in the table below.

Director	Number of PSP shares exercised	Number of PSP shares sold	Sale price (p)
Robert Walters	258,257	121,747	261
Alan Bannatyne	157,669	74,328	261
Total	415,926	196,075

These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 15 March 2020.

Pursuant to instructions given by each of the Executive Directors, a fixed proportion of the awards were exercised and sold on 3 April 2020 to satisfy the associated tax obligations arising upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne.

Director' Shareholdings

There has been a change in the overall shareholdings of each of the Executive 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	2,477,161	3.25	2,613,671	3.43
Alan Bannatyne	600,820	0.78	684,161	0.89

Robert Walters plc's issued share capital now consists of 80,131,955 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 76,057,955.

The above figure of 76,057,955 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.

Further information

Robert Walters plc Robert Walters, Chief Executive Alan Bannatyne, Chief Financial Officer	[phone]
Portland Communications Steffan Williams Simon Hamer	[phone]

www.robertwaltersgroup.com  

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	Sale of Ordinary Shares under the Robert Walters plc Long Term Incentive Plan.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		261p	121,747
(e)	Aggregated information -  Aggregated volume -   Price	N/A
(f)	Date of the transaction	3 April 2020
(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	Sale of ordinary shares pursuant to the vested Robert Walters Performance Share Plan.
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		261p	74,328
(e)	Aggregated information -  Aggregated volume -   Price	N/A
(f)	Date of the transaction	3 April 2020
(g)	Place of the transaction	London Stock Exchange

 

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