REG - Clarkson PLC - Director/PDMR Shareholding

ClarksonAnnouncement

18/05/2022 14:00

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RNS Number : 9683L  Clarkson PLC  18 May 2022

 

CLARKSON PLC

("the Company")

18 May 2022

Director/PDMR Shareholdings

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

 

Vesting of Deferred Share Awards

The Company announces that, on 16 May 2022, the Deferred Share Awards granted
on 14 May 2018 under the Clarkson PLC 2014 Long Term Incentive Plan vested
following the end of a four-year deferral period. The following Executive
Directors acquired ordinary shares of 25p each in the Company in connection
with the vesting and sold part of their acquired shares to fund tax
liabilities arising from the vesting.

 

 Director       Ordinary shares acquired on vesting  Shares sold at £32.5383 per ordinary share to cover tax liabilities   Ordinary shares retained from vesting
 Mr Andi Case   9,928                                4,803                                                                 5,125
 Mr Jeff Woyda  2,503                                1,211                                                                 1,292

 

Following the above transactions, which are detailed in the attached PDMR
Notification Dealing Forms, the Directors' interests in the Company's share
capital is 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   556,473          1.82%                      40,651             0.13%                      86,484                        -             0.28%
 Mr Jeff Woyda  102,733          0.34%                      10,511             0.03%                      55,034                        572           0.18%

 

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 52 different offices across its four
divisions and is number one or two in all its market segments.

The Company has delivered 19 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 the upturn 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                                    Vesting of Deferred Share Award (granted as restricted shares) under the
                                                                  Clarkson PLC 2014 Long Term Incentive Plan.

                                                                  Number of shares vested: 9,928        Sold to cover tax:
                                                                  4,803       Retained: 5,125

 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     £32.5383                                                                                            4,803

 d)  Aggregated information                                       Not applicable - single transaction
     - Aggregated volume
     - Price
 e)  Date of the transaction                                      17 May 2022
 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                                    Vesting of Deferred Share Award (granted as restricted shares) under the
                                                                  Clarkson PLC 2014 Long Term Incentive Plan.

                                                                  Number of shares vested: 2,503        Sold to cover tax:
                                                                  1,211       Retained: 1,292

 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     £32.5383                                                                                            1,211

 d)  Aggregated information                                       Not applicable - single transaction
     - Aggregated volume
     - Price
 e)  Date of the transaction                                      17 May 2022
 f)  Place of the transaction                                     London Stock Exchange

 

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