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

RNS Number : 5118I
Robert Walters PLC
19 June 2017

19 June 2017

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

2014 vesting

The Company was informed on 19 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 13 June 2017. Pursuant to instructions given by the relevant Directors, a fixed proportion of the awards were sold on 13 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

41,203

0

19,424

400

21,779

Giles Daubeney

22,239

0

10,484

400

11,755

Alan Bannatyne

25,156

0

11,859

400

13,297

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

2,572,886

3.45

2,594,665

3.45

Giles Daubeney

1,852,522

2.49

1,864,277

2.50

Alan Bannatyne

459,225

0.62

472,522

0.63

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 disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

41,203



400p

19,424

(e)

Aggregated information

- Aggregated volume

- Price

41,203 (exercised) , 19,424 (sold)

0p (LTIP exercise), 400p (sold)

(f)

Date of the transaction

13 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 disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

22,239



400p

10,484

(e)

Aggregated information

- Aggregated volume

- Price

22,239 (exercised), 10,484 (sold)

0p (LTIP exercise), 400p (sold)

(f)

Date of the transaction

13 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 disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

25,156



400p

11,859

(e)

Aggregated information

- Aggregated volume

- Price

25,156 (exercised), 11,859 (sold)

0p (LTIP exercise), 400p (sold)

(f)

Date of the transaction

13 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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