REG - Robert Walters PLC - Directors' Shareholdings

Robert WaltersAnnouncement

13/03/2019 18:05

RNS Number : 8060S
Robert Walters PLC
13 March 2019
 


13 March 2019
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2016 Performance Share Plan Scheme exercise
The Company announces that it was notified on 13 March 2019 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


301,520


142,141


600




Giles Daubeney


267,482


267,482


600




Alan Bannatyne


184,078


86,778


600




Total


753,080


496,401







 
These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 10 March 2019.
Pursuant to instructions given by each of the Executive Directors, a fixed proportion of the awards were exercised and sold on 13 March 2019 to satisfy the associated tax obligations arising upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne, and in the case of Giles Daubeney the full award was exercised and sold on 13 March 2019.
 
2010 Executive Share Option Scheme exercise
The Company was also informed on 13 March 2019 that Alan Bannatyne exercised and sold 200,000 ordinary shares pursuant to the 2006 Robert Walters Executive Share Option Scheme at an exercise price of 208p and a sale price of 600p.
 
Vesting of the deferred bonus shares
The Company was also informed on 13 March 2019 of the sale of 15,677 ordinary shares by Alan Bannatyne at a price of 600p per share pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2016 as announced on 15 March 2017 and the financial year ended 31 December 2017 as announced on 1 March 2018 respectively.
 
 
 
Director' Shareholdings
There has been a change in the overall shareholdings of each of the Executive 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


2,293,188


3.03


2,452,567


3.25




Giles Daubeney


1,656,112


2.19


1,656,112


2.19




Alan Bannatyne


501,960


0.66


583,583


0.77



 
 
Robert Walters plc's issued share capital now consists of 79,652,285 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 75,578,285.
The above figure of 75,578,285 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.
 
Further information



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



 
www.robertwalters.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


Sale of Ordinary Shares under the Robert Walters plc Long Term Incentive Plan.




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












600p


142,141






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


13 March 2019




(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


Sale of Ordinary Shares under the Robert Walters plc Long Term Incentive Plan.




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












600p


267,482






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


13 March 2019




(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


Sale of ordinary shares pursuant to the vested Robert Walters Performance Share Plan.




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












600p


86,778






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


13 March 2019




(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


Sale of ordinary shares pursuant to the vested Executive Share Options




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












600p (sale price)


200,000






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


13 March 2019




(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


Sale of ordinary shares pursuant to the 2019 vested deferred bonus shares




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












600p


15,677






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


13 March 2019




(g)


Place of the transaction


London Stock Exchange



 
 
 




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