REG-Carnival PLC: Director/PDMR Shareholding <Origin Href="QuoteRef">CCL.L</Origin>

CarnivalAnnouncement

15/02/2018 16:35

Carnival Corporation & plc

Notification of Transactions of Directors/PDMRS

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
 a)  Name                                                                             Arnold W. Donald                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 2   Reason for the notification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 a)  Position/status                                                                  President & Chief Executive Officer of Carnival Corporation & plc / Director                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 b)  Initial notification/ Amendment                                                  Initial Notification                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 a)  Name                                                                             Carnival Corporation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 b)  Legal Entity Identifier                                                          F1OF2ZSX47CR0BCWA982                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 4A  Details of the transaction: 1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 a)  Description of the financial instrument, type of instrument Identification code  Common stock with a nominal value of US$0.01 per share  CUSIP: 143658300                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 b)  Nature of the transaction                                                        Grant of performance-based restricted stock units (“Performance RSUs”) pursuant to the Carnival Corporation 2011 Stock Plan. Each Performance RSU represents one share of Carnival Corporation common stock. Each holder of Performance RSUs may earn from 0-200% of the stated target amount of Performance RSUs to the extent that Carnival Corporation & plc's annual operating income, as adjusted for certain fuel price changes and currency exchange rate impact for each of the three fiscal years in the 2018-2020 performance cycle  
                                                                                      and the average of each year’s return on invested capital at the end of the three-year performance cycle exceed specified performance goals.                                                                                                                                                                                                                                                                                                                                                                                                   
 c)  Price(s) and volume(s)                                                                                                                                                                                                                                                           Price(s) $0.00                                                                                                                                                                                                                                                        Volume(s) 43,623                                                         
 d)  Aggregated information - Aggregated volume - Price                               43,623 $0.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 e)  Date of the transaction                                                          2018-02-12                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 f)  Place of the transaction                                                         Off Market                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 4B  Details of the transaction: 2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 a)  Description of the financial instrument, type of instrument Identification code  Common stock with a nominal value of US$0.01 per share  CUSIP: 143658300                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 b)  Nature of the transaction                                                        Acquired 49,985 Performance RSU, originally granted on April 14, 2015 pursuant to the Carnival Corporation 2011 Stock Plan. Each Performance RSU represents one share of Carnival Corporation common stock. The reporting person was eligible to earn from 0-200% of the stated target amount of Performance RSUs to the extent that Carnival Corporation & plc's annual earnings before interest and taxes, as adjusted for certain fuel price changes and exchange rate impact, and return on invested capital at the end of the three year  
                                                                                      performance cycle exceed specified performance goals, as modified at the end of the three year performance cycle for Carnival Corporation & plc's total shareholder return rank relative to peers. This includes shares from the settlement of dividend equivalents accumulated during the Performance RSU restricted period.                                                                                                                                                                                                                  
 c)  Price(s) and volume(s)                                                                                                                                                                                                                                                           Price(s) $0.00                                                                                                                                                                                                                                                        Volume(s) 49,985                                                         
 d)  Aggregated information - Aggregated volume - Price                               49,985 $0.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 e)  Date of the transaction                                                          2018-02-13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 f)  Place of the transaction                                                         NYSE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 4C  Details of the transaction: 3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 a)  Description of the financial instrument, type of instrument Identification code  Common stock with a nominal value of US$0.01 per share  CUSIP: 143658300                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 b)  Nature of the transaction                                                        Sale of shares to satisfy the tax obligation on the release of vested Performance RSU                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 c)  Price(s) and volume(s)                                                                                                                                                                                                                                                         Price(s) $68.7349                                                                                                                                                                                                                                                       Volume(s) 19,759                                                         
 d)  Aggregated information - Aggregated volume - Price                               19,759 $68.7349                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 e)  Date of the transaction                                                          2018-02-13                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 f)  Place of the transaction                                                         NYSE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

Arnaldo Perez

General Counsel & Secretary

Carnival Corporation & plc

3655 NW 87(th) Avenue

MLGL-815

Miami, FL 33178

T: 305.599.2600



Copyright (c) 2018 PR Newswire Association,LLC. All Rights Reserved