REG - Clarkson PLC - Director/PDMR Shareholding
RNS Number : 4978IClarkson PLC12 August 2021
CLARKSON PLC
("the Company" or "Clarksons")
12 August 2021
Director/PDMR Shareholdings
This notification is made in accordance with the UK Market Abuse Regulation.
Acquisition of shares
The Company announces that, on 11 August 2021, the following Executive Directors acquired ordinary shares of 25p each in the Company pursuant to the exercise of vested performance-related nil-cost options granted under the Clarkson PLC 2014 Long Term Incentive Plan. The Directors have retained the balance of the acquired shares which were not sold to fund tax liabilities arising from the vesting.
Following the transactions, which are detailed in the attached PDMR Notification Dealing Forms, the Directors' interests in the Company's share capital have increased and are as follows:
Director
Ordinary shares
% of issued share capital
Restricted shares
% of issued share capital
Performance-related options
SAYE options
% of issued share capital
Mr Andi Case
533,312
1.75%
37,084
0.12%
97,781
-
0.32%
Mr Jeff Woyda
89,151
0.29%
9,524
0.03%
62,222
813
0.21%
Company enquiries:
Deborah Abrehart
Company Secretary
Tel: +44(0)20 7334 3185
Camarco:
Billy Clegg
Jennifer Renwick
Tel: +44(0)20 3757 4983 / 4994
About Clarkson PLC
Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.
Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.
The Group employs over 1,600 people in 54 different offices across its four divisions and is number one or two in all its market segments.
The Company has delivered 18 years of consecutive dividend growth. The highly cash-generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on opportunities in its markets.
Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.
For more information, visit www.clarksons.com
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 Leigh 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
Exercise of Performance Awards (granted as nil-cost options) under the Clarkson PLC 2014 Long Term Incentive Plan.
Date of grant
Shares acquired on exercise
Shares sold to cover taxes
Shares retained
17 April 2015
11,208
5,281
5,927
18 April 2017
9,033
4,257
4,776
14 May 2018
4,775
2,250
2,525
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£35.529413
11,788
d)
Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e)
Date of the transaction
11 August 2021
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jeffrey David 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
Exercise of Performance Awards (granted as nil-cost options) under the Clarkson PLC 2014 Long Term Incentive Plan.
Date of grant
Shares acquired on exercise
Shares sold to cover taxes
Shares retained
17 April 2015
5,094
2,401
2,693
18 April 2017
5,748
2,709
3,039
14 May 2018
3,038
1,432
1,606
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£35.529413
6,542
d)
Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e)
Date of the transaction
11 August 2021
f)
Place of the transaction
London Stock Exchange
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