REG - CLS Holdings PLC - Director/PDMR Shareholding

CLS HoldingsAnnouncement

08/06/2023 14:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230608:nRSH1502Ca&default-theme=true

RNS Number : 1502C  CLS Holdings PLC  08 June 2023

 

CLS Holdings plc

 

(the "Company")

 

Notification of Transaction of Persons Discharging Managerial Responsibilities
("PDMR")

 

CLS Holdings plc Long Term Incentive Plan ("LTIP")

 

 

CLS Holdings plc announces that on 7 June 2023 following the vesting on 19 May
2023 of nil cost options granted to them on 13 May 2020 ("2020 LTIP Awards")
under the LTIP, Fredrik Widlund, Chief Executive Officer and Director of the
Company, and Andrew Kirkman, Chief Financial Officer and Director of the
Company, exercised their 2020 LTIP Awards over the number of ordinary shares
of 2.5 pence each in the Company ("Ordinary Shares") set out below.  On 7
June 2023, Mr Widlund and Mr Kirkman disposed of the number of Ordinary Shares
to which they had become beneficially entitled on exercise of their 2020 LTIP
Awards in order to settle their tax liability on exercise of the 2020 LTIP
Awards at the price per Ordinary Share set out below:

 

 Plan Participant  Role                                  Award Plan                                 Number of Ordinary Shares acquired on exercise  Number of Ordinary Shares disposed  Price in pence per Ordinary Share disposed  Resultant total holding of Ordinary Shares
 Fredrik Widlund   Chief Executive Officer and Director  CLS Holdings plc Long Term Incentive Plan  133,927                                         62,946                              138.9p                                      70,981
 Andrew Kirkman    Chief Financial Officer and Director  CLS Holdings plc Long Term Incentive Plan  65,475                                          30,774                              138.9p                                      34,701

 

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                Exercise of option over Ordinary Shares granted under the CLS Holdings plc
                                               Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                  Volume

                                               0.00 p                                  133,927
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  7 June 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 under the CLS Holdings plc Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                  Volume

                                               138.9p                                  62,946
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  7 June 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                Exercise of option over Ordinary Shares granted under the CLS Holdings plc
                                               Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                  Volume

                                               0.00 p                                  65,475
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  7 June 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 under the CLS Holdings plc Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                  Volume

                                               138.9p                                  30,774
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  7 June 2023

 g)   Place of the transaction                 London Stock Exchange

 

 

- end -

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHNKFBDNBKDNAK