REG - Robert Walters PLC - Director/PDMR Shareholding

Robert WaltersAnnouncement

09/04/2020 17:45

RNS Number : 4462J
  
Robert Walters PLC
  
09 April 2020
  
 

9 April 2020
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2017 Performance Share Plan Scheme exercise
The Company announces that it was notified on 9 April 2020 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


258,257


121,747


261




Alan Bannatyne


157,669


74,328


261




Total


415,926


196,075







 
These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 15 March 2020. 
Pursuant to instructions given by each of the Executive Directors, a fixed proportion of the awards were exercised and sold on 3 April 2020 to satisfy the associated tax obligations arising upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne. 
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


2,477,161


3.25


2,613,671


3.43




Alan Bannatyne


600,820


0.78


684,161


0.89



 
Robert Walters plc's issued share capital now consists of 80,131,955 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 76,057,955.
The above figure of 76,057,955 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




Portland Communications
Steffan Williams
Simon Hamer


+44 20 7554 1660



 
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


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




(d)


Price(s) and volume(s)


Price(s)


Volume(s)












261p


121,747






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A 




(f)


Date of the transaction


3 April 2020




(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)












261p


74,328






















(e)


Aggregated information
-            Aggregated volume
-           Price


 
 
N/A




(f)


Date of the transaction


3 April 2020




(g)


Place of the transaction


London Stock Exchange



 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHFLFSRSLIAIII