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

Robert WaltersAnnouncement

06/06/2017 12:50

RNS Number : 3041H
Robert Walters PLC
06 June 2017
6 June 2017
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2014 vesting
The Company was informed on 6 June 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares").
These dealings were pursuant to the exercise of awards under the Robert Walters Long Term Incentive Plan ("LTIP") on 5 June 2017. Pursuant to instructions given by the relevant Directors, a fixed proportion of the awards were sold on 5 June 2017 to satisfy the associated tax obligations arising upon the vesting of the Ordinary Shares. 
Director
Number of Awards exercised
Exercise 
price (p)
Number of shares sold
Sale price (p)
Net increase in shareholdings
Robert Walters
87,336
0
41,172
385
46,164
Giles Daubeney
72,815
0
34,327
385
38,488
Alan Bannatyne
53,324
0
25,138
385
28,186
The Company also announces that certain Directors exercised awards on 5 June 2017 under The Robert Walters UK Sharesave Plan 2014 over ordinary shares of 20p each held in the Robert Walters Employee Benefit Trust.
Director
Number of Awards exercised
Exercise 
price (p)
Net increase in shareholdings
Robert Walters
6,792
265
6,792
Giles Daubeney
6,792
265
6,792
Alan Bannatyne
6,792
265
6,792
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
2,519,930
3.38
2,572,886
3.45
Giles Daubeney
1,807,242
2.43
1,852,522
2.49
Alan Bannatyne
424,247
0.57
459,225
0.62
Robert Walters plc's issued share capital consists of 78,573,819 Ordinary Shares with voting rights. Robert Walters plc holds 4,074,000 Ordinary Shares in Treasury.
Therefore, the total number of voting rights in Robert Walters plc is 74,499,819.
The above figure of 74,499,819 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.
APPENDIX
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Robert Walters
2.
Reason for the notification
(a)
Position/status
Chief Executive Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Robert Walters plc
(b)
LEI
213800LIE15BDEN3VW43
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 20p each
(b)
Identification code of the Financial Instrument
ISIN Code : GB0008475088
(c)
Nature of the transaction
Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


0p
87,336


265p
6,792


385p
41,172
(e)
Aggregated information
- Aggregated volume
-  Price
94,128 (exercised) , 41,172 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)
Date of the transaction
5 June 2017
(g)
Place of the transaction
London Stock Exchange
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Giles Daubeney
2.
Reason for the notification
(a)
Position/status
Deputy Chief Executive Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Robert Walters plc
(b)
LEI
213800LIE15BDEN3VW43
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 20p each
(b)
Identification code of the Financial Instrument
ISIN Code : GB0008475088
(c)
Nature of the transaction
Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


0p
72,815


265p
6,792


385p
34,327
(e)
Aggregated information
- Aggregated volume
-  Price
79,607 (exercised), 34,327 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)
Date of the transaction
5 June 2017
(g)
Place of the transaction
London Stock Exchange
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Alan Bannatyne
2.
Reason for the notification
(a)
Position/status
Chief Financial Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Robert Walters plc
(b)
LEI
213800LIE15BDEN3VW43
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 20p each
(b)
Identification code of the Financial Instrument
ISIN Code : GB0008475088
(c)
Nature of the transaction
Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


0p
53,324


265p
6,792


385p
25,138
(e)
Aggregated information
- Aggregated volume
-  Price
60,116 (exercised), 25,138 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)
(f)
Date of the transaction
5 June 2017
(g)
Place of the transaction
London Stock Exchange
Enquiries:
Robert Walters plc 
Robert Walters, Chief Executive 
Alan Bannatyne, Chief Financial Officer +44 20 7379 3333 
Newgate Communications 
Steffan Williams
Charlotte Coulson  +44 20 7680 6550 

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