Directors' Shareholdings & Total Voting Rights

RNS Number : 1969E

Robert Walters PLC

09 March 2022

 

9 March 2022

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings & Total Voting Rights

2021 Deferred bonus shares

The Company announces that the Executive Directors listed in the table below have deferred part of their respective annual bonuses for the financial year ended 31 December 2021 into ordinary shares of 20p each in the Company ("Ordinary Shares"), as required by the Company's Remuneration Policy. Accordingly, on 8 March 2021, the Executive Directors were awarded a conditional right to receive Ordinary Shares, payable in equal tranches at the end of 31 December 2022 and 31 December 2023. The number of Ordinary Shares deferred and net of tax, as shown below, was calculated by reference to the price of £5.70 per share, being the purchase price on 8 March 2022.

Directors	Deferred Ordinary Shares
Robert Walters	29,131
Alan Bannatyne	17,139
Total	46,270

The total of 46,270 Ordinary Shares were purchased by the Company on 8 March 2022 at the market price of £5.70 per share and will be held  until the dates of vesting, half at the end of 31 December 2022 and half at the end of 31 December 2023.

2022 PSP awards

The Company announces that the following awards were made to the Executive Directors under the 2014 Robert Walters Performance Share Plan on 8 March 2022:

Director	No. of Ordinary Shares awarded
Robert Walters	185,089
Alan Bannatyne	113,035
Total	298,124

The awards, which were made in the form of options at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.

Vesting of deferred bonus shares

The Company was informed on 8 March 2022 of the following dealings of Ordinary Shares pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020.

Directors	Total Deferred Ordinary Shares vested
Robert Walters	3,400
Alan Bannatyne	2,080
Total	5,480

Pursuant to instructions given by each of the Executive Directors, the full awards vested were sold on 8 March 2022 at a price of £5.70 per share.

2019 Performance Share Plan Scheme exercise

The Company announces that it was notified on 8 March 2022 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	49,080	49,080	570p
Alan Bannatyne	29,967	29,967	570p
Total	79,047	79,047	570p

These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 8 March 2022.

Pursuant to instructions given by each of the Executive Directors, the awards were exercised and sold on 8 March 2022 upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne.

Directors' Shareholdings

There has been no change in the overall shareholdings of each of the Executive Directors as a result of the  transactions set out above 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	2,235,963	2.92	2,235,963	2.92
Alan Bannatyne	699,283	0.91	699,283	0.91

Robert Walters plc's issued share capital now consists of 80,707,030 Ordinary Shares, of which 4,074,000 Ordinary Shares are held in treasury.

Therefore, the total number of voting rights in Robert Walters plc is 76,633,030, which 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 FCA's Disclosure Guidance and Transparency Rules.

Further information

Robert Walters plc Robert Walters, Chief Executive Alan Bannatyne, Chief Financial Officer	[phone]
Williams Nicolson Steffan Williams	[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	Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2021 as announced on 9 March 2022
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	29,131
(e)	Aggregated information -  Aggregated volume -   Price	29,131 (deferred bonus) £166,046.70
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	Outside of trading venue (XOFF)

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	Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	185,089
(e)	Aggregated information -  Aggregated volume -   Price	185,089 (psp) 0
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	Outside of trading venue (XOFF)

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 pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	3,400
(e)	Aggregated information -  Aggregated volume -   Price	3,400 (deferred bonus) £19,380.00
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	London Stock Exchange, XLON

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 and sale of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	49,080
(e)	Aggregated information -  Aggregated volume -   Price	49,080 (psp) £279,756.00
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	London Stock Exchange, XLON

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	Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2021 as announced on 9 March 2022
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	17,139
(e)	Aggregated information -  Aggregated volume -   Price	17,139 (deferred bonus) £97,692.30
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	Outside of trading venue (XOFF)

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	Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	113,035
(e)	Aggregated information -  Aggregated volume -   Price	113,035 (psp) 0
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	Outside of trading venue (XOFF)

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 vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	2,080
(e)	Aggregated information -  Aggregated volume -   Price	2,080 (deferred bonus) £11,856.00
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	London Stock Exchange, XLON

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	Exercise and sale of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		570p	29,967
(e)	Aggregated information -  Aggregated volume -   Price	29,967 (psp) £170,811.90
(f)	Date of the transaction	8 March 2022
(g)	Place of the transaction	London Stock Exchange, XLON

 

END

 

 

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