REG - CLS Holdings PLC - Director/PDMR Shareholding

CLS HoldingsAnnouncement

10/03/2023 16:45

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RNS Number : 6396S  CLS Holdings PLC  10 March 2023

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 8 March 2023 following the vesting of an
Element B 2020 PIP share award, Fredrik Widlund, Chief Executive Officer and
Director of the Company, and Andrew Kirkman, Chief Financial Officer and
Director of the Company, became beneficially entitled to the number of
ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out
below.  On 9 March 2023, Mr Widlund and Mr Kirkman disposed of the number of
Ordinary Shares to which they had become beneficially entitled in order to
settle his tax liability on vesting of the 2020 PIP award at the price per
Ordinary Share set out below:

 

 Plan Participant  Role                                  Award Plan                                               Number of Ordinary Shares acquired  Number of Ordinary Shares disposed  Price in pence per Ordinary Share  Resultant total shareholding
 Fredrik Widlund   Chief Executive Officer and Director  CLS Holdings plc Performance Incentive Plan (Element B)  92,401                              43,682                              145.3p                             48,719
 Andrew Kirkman    Chief Financial Officer and Director  CLS Holdings plc Performance Incentive Plan              26,358                              12,461                              145.3p                             13,897

                                                         (Element B)

 

The notification is made in accordance with the UK 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)                                  Fredrik Widlund

 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                                     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

                                               0.00 p                                92,401
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  8 March 2023

 g)   Place of the transaction                 Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated

 a)   Name(s)                                  Fredrik Widlund

 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                                     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

                                               145.3p                                   43,682
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  9 March 2023

 g)   Place of the transaction                 London Stock Exchange

 

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

                                               0.00 p                                26,358
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  8 March 2023

 g)   Place of the transaction                 Outside a trading venue

 

 

 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

                                               145.3p                                   12,461
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  9 March 2023

 g)   Place of the transaction                 London Stock Exchange

 

 

- end -

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