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

Robert WaltersAnnouncement

12/10/2017 17:56

RNS Number : 4964T
Robert Walters PLC
12 October 2017
12 October 2017
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings 
The Company was informed on 12 October 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares") that occurred on the same date.
Robert Walters, Chief Executive Officer of the Company, and Giles Daubeney, Deputy Chief Executive Officer of the Company, exercised options to purchase Ordinary Shares under the terms of The Robert Walters Executive Share Option Scheme as outlined in the table below:
Director
Number of Awards exercised
Exercise 
price (p)
Number of shares sold
Sale price (p)
Net increase in shareholdings
Robert Walters
300,000
208
300,000
580
-
Robert Walters
300,000
211
300,000
580
-
Giles Daubeney
250,000
208
250,000
580
-
Giles Daubeney
250,000
211
250,000
580
-
The Company also received notice that on 12 October 2017, Robert Walters, sold an additional 392,581 Ordinary Shares at a price of 580p per share. On the same date Giles Daubeney, Deputy Chief Executive Officer of the Company, sold an additional 150,000 Ordinary Shares also at a price of 580p per share.
In aggregate, Robert Walters and Giles Daubeney have therefore today sold 992,581 Ordinary Shares and 650,000 Ordinary Shares respectively at a price of 580p per Ordinary Share. 
As a result of the exercise of these share options and subsequent share sales, there has therefore been a change in the overall shareholdings of each of these Directors as set out below:
Director
Shareholding prior to this announcement
% holding in Company
Shareholding after this announcement
% holding in Company
Robert Walters
2,617,205
3.51
2,224,624
2.96
Giles Daubeney
1,883,069
2.53
1,733,069
2.30
Robert Walters plc's issued share capital consists of 79,340,740 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 75,266,740.
The above figure of 75,266,740 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
Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


208p
300,000


211p
300,000


580p
992,581
(e)
Aggregated information
- Aggregated volume
-  Price
300,000 (exercised) at 208p
300,000 (exercised) at 211p
992,581 (sold) at 580p
(f)
Date of the transaction
12 October 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
Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


208p
250,000


211p
250,000


580p
650,000
(e)
Aggregated information
- Aggregated volume
-  Price
250,000 (exercised) at 208p
250,000 (exercised) at 211p
650,000 (sold) at 580p
(f)
Date of the transaction
12 October 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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