Director/PDMR Shareholding

RNS Number : 9038K
Clarkson PLC
21 April 2015
 



21 April 2015

 

CLARKSON PLC

("the Company")

 

Director/PDMR Shareholdings

 

This notification is made in accordance with DTR 3.1.4(1).

 

On 17 April 2015 in fulfilment of the share element of the 2014 bonus, as disclosed in the 2014 annual report, the following share awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC 2014 Long Term Incentive Plan (the "Plan") to Executive Directors of the Company. No consideration was paid for the grant of the awards.

 

The vesting of the share awards is subject to continued employment and they will normally vest on 17 April 2019.

 

Executive Director

 

Number of shares granted

 

Form of award

Andi Case

15,233

Restricted shares

Jeff Woyda

3,249

Restricted shares

Peter M. Anker

     2,667

Conditional award

  

On 17 April 2015 performance awards were granted under the Plan to the following Executive Directors:

 

Executive Director

 

Number of shares granted

 

Form of award

Andi Case

36,748

Nil cost option

Jeff Woyda

16,703

Nil cost option

 

The performance awards will normally vest on 16 April 2018, subject to the Executives' continued employment and the satisfaction of performance conditions set by the Remuneration Committee.  To the extent that the performance awards structured as nil cost options vest, they will be exercisable until 16 April 2025.  No consideration was paid for the grant of the performance awards.

 

 

Following the grant of the above awards, the Executive Directors' interest in the Company's share capital is as follows:

 


Ordinary Shares

% of Issued Share Capital

Restricted Shares

% of Issued Share Capital

Conditional award

% of Issued Share Capital

Performance Related Options

% of Issued Share Capital










Andi Case

559,085

1.9%

102,472

0.34%

-

-

357,170  

1.19%

Jeff Woyda

73,977

0.2%

21,857

0.07%

-

-

              89,181

0.30%

Peter M. Anker*

508,977

1.7%

-

-

2,667

0.008%

-

-

* The interest in these ordinary shares is held by Langebru AS, which is entirely owned by Peter M Anker and Mrs H Anker.

 

 

The Company was informed of these transactions on 17 April 2015.

 

 

For further details contact:

 

Penny Watson

Company Secretary

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


This information is provided by RNS
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