Director/PDMR Shareholding

RNS Number : 7883C

Clarkson PLC

19 April 2017

 

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

This notification is made in accordance with the Market Abuse Regulation.

On 18 April 2017 in fulfilment of the share element of the 2016 bonus, as disclosed in the 2016 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 18 April 2021.

Executive Director	Number of shares granted	Form of award
Andi Case	10,618	Restricted shares
Jeff Woyda	2,288	Restricted shares
Peter M. Anker	2,288	Conditional award

On 18 April 2017 the following options over ordinary shares in the Company were granted at nil cost under the Plan.

The vesting of these options is subject to the fulfilment of certain performance conditions and continued employment of the directors. If these conditions are met, these options will normally vest and become exercisable on the later of the third anniversary of grant and the fulfilment of the relevant performance conditions.

Executive Director                       Number of shares granted                                     Form of award

Andi Case                                                               29,815                                                                 Nil cost option

Jeff Woyda                                                              18,973                                                                 Nil cost option

Peter M. Anker                                                        18,973                                                                 Nil cost option

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	731,782	2.42%	64,384	0.21%	-	-	107,965	0.36%
Jeff Woyda	109,014	0.36%	13,790	0.05%	-	-	61,149	0.20%
Peter M. Anker	357,477*	1.18%	-	-	7,859	0.03%	42,264	0.14%
* 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 18 April 2017.

For further details contact:

Penny Watson

Company Secretary

Clarkson PLC               

Tel:  [phone]

19 April 2017

PDMR DEALING NOTIFICATION TEMPLATE
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andi Case
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Restricted Shares under the Clarkson 2014 Long Term Incentive Plan.  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 18 April 2021.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	10,618
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue
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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Nil Cost Options under the Clarkson 2014 Long Term Incentive Plan.   These awards were granted at nil cost and the vesting of these options is subject to the fulfilment of the relevant performance conditions on 18 April 2020. The awards will ordinarily become exercisable three years from the date of grant and may be exercised for a period of ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	29,815
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Peter Martin Anker
2	Reason for the notification
a)	Position/status	President of Brokerage and Investment Banking
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Conditional Awards under the Clarkson 2014 Long Term Incentive Plan.  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 18 April 2021.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	2,288
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue
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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Nil Cost Options under the Clarkson 2014 Long Term Incentive Plan.   These awards were granted at nil cost and the vesting of these options is subject to the fulfilment of the relevant performance conditions on 18 April 2020. The awards will ordinarily become exercisable three years from the date of grant and may be exercised for a period of ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	18,973
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeff Woyda
2	Reason for the notification
a)	Position/status	Chief Financial Officer & Chief Operating Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clarkson PLC
b)	Legal Entity Identifier	2138007G6BGTEHI3OT22
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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Restricted Shares under the Clarkson 2014 Long Term Incentive Plan.  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 18 April 2021.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	2,288
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue

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, type of instrument	Ordinary shares of 25p each in Clarkson PLC
	Identification code	GB0002018363
b)	Nature of the transaction	Grant of Nil Cost Options under the Clarkson 2014 Long Term Incentive Plan.   These awards were granted at nil cost and the vesting of these options is subject to the fulfilment of the relevant performance conditions on 18 April 2020. The awards will ordinarily become exercisable three years from the date of grant and may be exercised for a period of ten years from the date of grant.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	18,973
d)	Aggregated information	Not applicable - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 April 2017
f)	Place of the transaction	Outside a trading venue

 

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