REG - Robert Walters PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">RWA.L</Origin>

Robert WaltersAnnouncement

13/04/2016 07:06

RNS Number : 0254V
Robert Walters PLC
13 April 2016
13 April 2016
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2013 vesting
The Company was informed on 12 April 2016 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares").
These dealings were pursuant to the vesting of awards under the Robert Walters Long Term Incentive Plan ("LTIP") on 11 April 2016. Pursuant to instructions given by the relevant Directors on the dates set out below, a fixed proportion of the awards were sold on 12 April 2016 to satisfy the associated tax obligations arising upon the vesting of the Ordinary Shares. 
Director
Date of trading instruction
Number of Awards exercised
Exercise 
price (p)
Number of shares sold
Sale price (p)
Net increase in shareholdings
Robert Walters
1/3/2016
382,435
0
180,286
317
202,149
Giles Daubeney
24/2/2016
318,074
0
149,945
317
168,129
Alan Bannatyne
22/2/2016
230,498
0
108,661
317
121,837
There has therefore been an increase in the overall shareholdings of each of the Directors as a result of these dealings and individual shareholdings before and after are set out below:
Director
Shareholding prior to this announcement
% holding in Company
Shareholding after this announcement
% holding in Company
Robert Walters
2,317,781
3.00
2,519,930
3.26
Giles Daubeney
1,639,113
2.12
1,807,242
2.34
Alan Bannatyne
302,410
0.39
424,247
0.55
2016 awards
The Company also announces that the following awards were made to certain Directors under the 2014 Robert Walters Performance Share Plan on 10 March 2016:
Director
No. of Robert Walters ordinary shares comprised in the award
Robert Walters
 339,550
Giles Daubeney
 301,219
Alan Bannatyne
 207,295
Total
848,064 
The awards, which were made in the form of options at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.
Robert Walters plc's issued share capital consists of 86,314,569 Ordinary Shares with voting rights. Robert Walters plc holds 8,922,900 Ordinary Shares in Treasury.
Therefore, the total number of voting rights in Robert Walters plc is 77,391,669.
The above figure of 77,391,669 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FSA's Disclosure and Transparency Rules.
Enquiries:
Robert Walters plc 
Robert Walters, Chief Executive 
Alan Bannatyne, Chief Financial Officer +44 20 7379 3333 
Newgate Communications 
Steffan Williams
Madeleine Palmstierna  +44 20 7680 6550 

This information is provided by RNS
The company news service from the London Stock Exchange
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