REG - Robert Walters PLC - Directors’ Shareholdings & Total Voting Rights
09/03/2022 11:30
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RNS Number : 1969E Robert Walters PLC 09 March 2022
9 March 2022
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings & Total Voting Rights
2021 Deferred bonus shares
The Company announces that the Executive Directors listed in the table below
have deferred part of their respective annual bonuses for the financial year
ended 31 December 2021 into ordinary shares of 20p each in the Company
("Ordinary Shares"), as required by the Company's Remuneration Policy.
Accordingly, on 8 March 2021, the Executive Directors were awarded a
conditional right to receive Ordinary Shares, payable in equal tranches at the
end of 31 December 2022 and 31 December 2023. The number of Ordinary Shares
deferred and net of tax, as shown below, was calculated by reference to the
price of £5.70 per share, being the purchase price on 8 March 2022.
Directors Deferred Ordinary Shares
Robert Walters 29,131
Alan Bannatyne 17,139
Total 46,270
The total of 46,270 Ordinary Shares were purchased by the Company on 8 March
2022 at the market price of £5.70 per share and will be held until the
dates of vesting, half at the end of 31 December 2022 and half at the end of
31 December 2023.
2022 PSP awards
The Company announces that the following awards were made to the Executive
Directors under the 2014 Robert Walters Performance Share Plan on 8 March
2022:
Director No. of Ordinary Shares awarded
Robert Walters 185,089
Alan Bannatyne 113,035
Total 298,124
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.
Vesting of deferred bonus shares
The Company was informed on 8 March 2022 of the following dealings of Ordinary
Shares pursuant to the vesting of awards previously deferred as part of the
Executive Directors' respective bonuses for the financial year ended 31
December 2019 as announced on 3 March 2020.
Directors Total Deferred Ordinary Shares vested
Robert Walters 3,400
Alan Bannatyne 2,080
Total 5,480
Pursuant to instructions given by each of the Executive Directors, the full
awards vested were sold on 8 March 2022 at a price of £5.70 per share.
2019 Performance Share Plan Scheme exercise
The Company announces that it was notified on 8 March 2022 of the following
dealings by the Executive Directors listed in the table below.
Director Number of PSP shares exercised Number of PSP shares sold Sale price (p)
Robert Walters 49,080 49,080 570p
Alan Bannatyne 29,967 29,967 570p
Total 79,047 79,047 570p
These dealings were pursuant to the vesting of awards under the 2014 Robert
Walters Performance Share Plan Scheme ("PSP") on 8 March 2022.
Pursuant to instructions given by each of the Executive Directors, the awards
were exercised and sold on 8 March 2022 upon the exercise of the Ordinary
Shares for Robert Walters and Alan Bannatyne.
Directors' Shareholdings
There has been no change in the overall shareholdings of each of the Executive
Directors as a result of the transactions set out above 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 2,235,963 2.92 2,235,963 2.92
Alan Bannatyne 699,283 0.91 699,283 0.91
Robert Walters plc's issued share capital now consists of 80,707,030 Ordinary
Shares, of which 4,074,000 Ordinary Shares are held in treasury.
Therefore, the total number of voting rights in Robert Walters plc is
76,633,030, which 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
FCA's Disclosure Guidance and Transparency Rules.
Further information
Robert Walters plc +44 (0) 20 7379 3333
Robert Walters, Chief Executive
Alan Bannatyne, Chief Financial Officer
Williams Nicolson +44 7767 345 563
Steffan Williams
www.robertwaltersgroup.com (http://www.robertwaltersgroup.com)
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 Award of Ordinary Shares as deferred part of the Executive Directors'
respective bonuses for the financial year ended 31 December 2021 as announced
on 9 March 2022
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 29,131
(e) Aggregated information
- Aggregated volume
- Price 29,131 (deferred bonus)
£166,046.70
(f) Date of the transaction 8 March 2022
(g) Place of the transaction Outside of trading venue (XOFF)
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 Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan
Scheme
(d) Price(s) and volume(s) Price(s) Volume(s)
0 185,089
(e) Aggregated information
- Aggregated volume
- Price 185,089 (psp)
0
(f) Date of the transaction 8 March 2022
(g) Place of the transaction Outside of trading venue (XOFF)
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 Sale of Ordinary Shares pursuant to the vesting of awards previously deferred
as part of the Executive Directors' respective bonuses for the financial year
ended 31 December 2019 as announced on 3 March 2020
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 3,400
(e) Aggregated information
- Aggregated volume
- Price 3,400 (deferred bonus)
£19,380.00
(f) Date of the transaction 8 March 2022
(g) Place of the transaction London Stock Exchange, XLON
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 and sale of Ordinary Shares under the 2014 Robert Walters Performance
Share Plan Scheme
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 49,080
(e) Aggregated information
- Aggregated volume
- Price 49,080 (psp)
£279,756.00
(f) Date of the transaction 8 March 2022
(g) Place of the transaction London Stock Exchange, XLON
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 Award of Ordinary Shares as deferred part of the Executive Directors'
respective bonuses for the financial year ended 31 December 2021 as announced
on 9 March 2022
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 17,139
(e) Aggregated information
- Aggregated volume
- Price 17,139 (deferred bonus)
£97,692.30
(f) Date of the transaction 8 March 2022
(g) Place of the transaction Outside of trading venue (XOFF)
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 Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan
Scheme
(d) Price(s) and volume(s) Price(s) Volume(s)
0 113,035
(e) Aggregated information
- Aggregated volume
- Price 113,035 (psp)
0
(f) Date of the transaction 8 March 2022
(g) Place of the transaction Outside of trading venue (XOFF)
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 Sale of Ordinary Shares pursuant to the vesting of awards previously deferred
as part of the Executive Directors' respective bonuses for the financial year
ended 31 December 2019 as announced on 3 March 2020
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 2,080
(e) Aggregated information
- Aggregated volume
- Price 2,080 (deferred bonus)
£11,856.00
(f) Date of the transaction 8 March 2022
(g) Place of the transaction London Stock Exchange, XLON
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 Exercise and sale of Ordinary Shares under the 2014 Robert Walters Performance
Share Plan Scheme
(d) Price(s) and volume(s) Price(s) Volume(s)
570p 29,967
(e) Aggregated information
- Aggregated volume
- Price 29,967 (psp)
£170,811.90
(f) Date of the transaction 8 March 2022
(g) Place of the transaction London Stock Exchange, XLON
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