REG - CLS Holdings PLC - Director/PDMR Shareholding

CLS HoldingsAnnouncement

14/03/2024 16:15

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RNS Number : 9357G  CLS Holdings PLC  14 March 2024

CLS Holdings plc

 

(the "Company", the "Group")

 

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

 

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

 

 

CLS Holdings plc announces that Fredrik Widlund, Chief Executive Officer and
Director of the Company, and Andrew Kirkman, Chief Financial Officer and
Director of the Company, have been awarded nil cost options over a number of
ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") as set
out below (the "Awards") on 13 March 2024.

 

 PDMR Plan Participant  Award Plan  No of Ordinary Shares granted pursuant to Award
 Fredrik Widlund        LTIP        823,283
 Andrew Kirkman         LTIP        422,631

 

The Awards were made based on the quoted closing price of the Company's
Ordinary Shares on 12 March 2024 which was 92.3 pence. Subject to the LTIP
rules, the Awards will vest on the third anniversary of the date of grant,
subject to the achievement of performance targets measured over a three-year
period as set out in the Company's 2023 Remuneration Policy. Vested Awards
will be subject to an additional two-year holding period.

 

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                Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                   Volume

                                               0.00 p                                   823,283
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  13 March 2024

 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                Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan
 c)   Price(s) and volume(s)                    Price                                   Volume

                                               0.00 p                                   422,631
 d)   Currency                                 GBP - British Pound

 e)   Aggregated information                   N/A

 f)   Date of the transaction                  13 March 2024

 g)   Place of the transaction                 Outside a trading venue

 

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