Director/PDMR Shareholding

RNS Number : 3794H
Clarkson PLC
26 May 2011
 



 

 

 

 

26 May 2011

 

CLARKSON PLC

("the Company")

 

Director/PDMR Shareholdings

 

 

This notification is made in accordance with DTR 3.1.2R and 3.1.4

 

On 25 May 2011 in fulfilment of 2010 bonus disclosed in the 2010 annual report, the following awards over ordinary shares in the Company were granted under the Clarkson PLC Long Term Incentive Plan (the "Plan") to Persons Discharging Managerial Responsibility ("PDMRs"). No consideration was paid for the grant of the awards.

 

The vesting of the awards is subject to continued employment and they will normally vest on 30 April 2015.

 


Effective Date of Grant

Restricted Shares Issued

Vesting Date

Andi Case

25 May  2011

34,971

30 April 2015

Jeff Woyda

25 May  2011

7,461

30 April 2015

Martin Stopford

25 May  2011

4,197

30 April 2015

  

 

On 25 May 2011, the following awards over ordinary 25p shares in the Company were granted at nil cost under the Long Term Incentive Plan.

 

The vesting of these awards is subject to the fulfilment of certain performance conditions and continued employment of the directors and will normally vest on the third anniversary of grant.

 

                                                Award                    

Andi Case                             67,237                                  

Jeff Woyda                            30,562                                  

Martin Stopford                     27,506                                  

 

 

Following these awards the PDMRs' interest in the Company's share capital is as follows:

 


Ordinary Shares

% of Issued Share Capital

Restricted Shares

% of Issued Share Capital

Performance Related Share Awards

Performance Related Options

Andi Case

285,294

1.50%

328,893

1.73%

285,151

25,000

Jeff Woyda

20,075

0.11%

32,092

0.17%

128,676

-

Martin Stopford

31,841

0.17%

12,869

0.07%

115,809

-

 

The company was informed of these transactions on 25 May 2011.

 

For further details contact:

 

Jeff Woyda

Finance Director

Clarkson PLC             Tel:  +44(0) 20 7334 0000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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