Directors' Shareholdings & Total Voting Rights

RNS Number : 7901S

Robert Walters PLC

13 March 2023

 

13 March 2023

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings & Total Voting Rights

2022 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 2022 into ordinary shares of 20p each in the Company ("Ordinary Shares"), as required by the Company's Remuneration Policy. Accordingly, on 10 March 2023, the Executive Directors were awarded a conditional right to receive Ordinary Shares, payable in equal tranches at the end of 31 December 2023 and 31 December 2024. The number of Ordinary Shares deferred and net of tax, as shown below, was calculated by reference to the price of £5.20 per share, being the purchase price on 10 March 2023.

Directors	Deferred Ordinary Shares
Robert Walters	20,971
Alan Bannatyne	12,006
Total	32,977

The total of 32,977 Ordinary Shares were purchased by the Company on 10 March 2023 at the market price of £5.20 per share and will be held until the dates of vesting, half at the end of 31 December 2023 and half at the end of 31 December 2024.

2023 PSP awards

The Company announces that the following awards were made to the Executive Directors under the 2014 Robert Walters Performance Share Plan on 10 March 2023:

Director	No. of Ordinary Shares awarded
Alan Bannatyne	153,282
Total	153,282

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 10 March 2023 of the following transfers 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 2021 as announced on 9 March 2022.

Directors	Total Deferred Ordinary Shares vested
Robert Walters	14,565
Alan Bannatyne	8,570
Total	23,135

Directors' Shareholdings

There has therefore been an increase 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	2.98	2,250,528	3.00
Alan Bannatyne	699,283	0.93	707,853	0.94

Robert Walters plc's issued share capital now consists of 78,928,095 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 74,854,095, 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 2022 as announced on 10 March 2023
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		520p	20,971
(e)	Aggregated information -  Aggregated volume -   Price	20,971 (deferred bonus) £109,049.20
(f)	Date of the transaction	10 March 2023
(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	Transfer 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 2021 as announced on 9 March 2022
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0p	14,565
(e)	Aggregated information -  Aggregated volume -   Price	14,565 (deferred bonus) £0.00
(f)	Date of the transaction	10 March 2023
(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	Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2022 as announced on 10 March 2023
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		520p	12,006
(e)	Aggregated information -  Aggregated volume -   Price	12,006 (deferred bonus) £62,431.20
(f)	Date of the transaction	10 March 2023
(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	Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0	153,282
(e)	Aggregated information -  Aggregated volume -   Price	153,282 (psp) 0
(f)	Date of the transaction	10 March 2023
(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	Transfer 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 2021 as announced on 9 March 2022
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		0p	8,570
(e)	Aggregated information -  Aggregated volume -   Price	8,570 (deferred bonus) £0.00
(f)	Date of the transaction	10 March 2023
(g)	Place of the transaction	Outside of trading venue (XOFF)

 

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