REG - CLS Holdings PLC - Director/PDMR Shareholding

CLS HoldingsAnnouncement

07/04/2021 17:20

RNS Number : 7389U
  
CLS Holdings PLC
  
07 April 2021
  
 

CLS Holdings plc
 
(the "Company")
 
Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")
 
CLS Holdings plc Performance Incentive Plan ("PIP")
 
 
 
CLS Holdings plc announces that on the vesting of a PIP share award in respect of Andrew Kirkman's, Chief Financial Officer and Director of the Company, recruitment remuneration on 5 April 2021, he became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below.  The settlement of the award was through the CLS Holdings plc Employee Benefit Trust (the "Trust") who, on 6 April 2021, simultaneously disposed of the number of Ordinary Shares to which Mr Kirkman had become beneficially entitled in order to settle his tax liability on vesting at the price per Ordinary Share set out below:
 
 



Plan Participant


Award Plan


Number of Ordinary shares acquired


Number of Ordinary shares disposed


Average price in pence


Resultant total shareholding




Andrew Kirkman


CLS Holdings plc Performance Incentive Plan (Element B)


56,305


26,378


232.25 p


29,927



 
The notification is made in accordance with the EU Market Abuse Regulation.
 
Enquiries:
David Fuller
Company Secretary
CLS Holdings plc
Tel: +44 (0) 20 7582 7766
 
Notification of Dealing Form
 



1


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name(s)


Andrew Kirkman




2
 


Reason for the notification




a)


Position/status
 


Chief Financial Officer
 




b)


Initial notification/amendment
 


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


CLS Holdings plc




b)


LEI
 


213800A357TKB2TD9U78




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 2.5p
 
Identification code: GB00BF044593
 




b)


Nature of the transaction


Vesting of shares under the CLS Holdings plc Performance Incentive Plan




c)


Price(s) and volume(s)


 Price
 


Volume
 




 


0.00p


56,305




d)


Currency
 


GBP - British Pound




e)


Aggregated information
 


N/A




f)


Date of the transaction
 


6 April 2021




g)


Place of the transaction


London Stock Exchange



 
 



1


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name(s)


Andrew Kirkman




2
 


Reason for the notification




a)


Position/status
 


Chief Financial Officer
 




b)


Initial notification/amendment
 


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 




a)


Name
 


CLS Holdings plc




b)


LEI
 


213800A357TKB2TD9U78




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 2.5p
 
Identification code: GB00BF044593
 




b)


Nature of the transaction


Sale of shares acquired from the vesting of shares under the CLS Holdings plc Performance Incentive Plan




c)


Price(s) and volume(s)


 Price
 


Volume
 




Purchase


232.25p


26,378




d)


Currency
 


GBP - British Pound




e)


Aggregated information
 


N/A




f)


Date of the transaction
 


6 April 2021




g)


Place of the transaction


London Stock Exchange



 
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