Director / PDMR Shareholding

Tclarke

28/04/2021 07:00

RNS Number : 8448W

TClarke PLC

28 April 2021

 

TClarke plc

("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that the following Executive Directors of the Company today received nil cost conditional share awards over ordinary shares of 10p each in Company ("Shares") pursuant to the vesting of awards granted on 25th April 2018 under the TClarke plc Equity Incentive Plan ("EIP"), which vested in full on 25th April 2021. The Executive Directors also received dividend equivalent shares on the Shares vesting in accordance with the rules of the EIP.

On the maturity of the awards, the tax and NI liabilities arising were net settled and a portion of the Shares were withheld for each of the recipients. The balance of Shares due to each recipient was then transferred into the recipients' names by the Trustee of the TClarke Employee Share Ownership Trust, as indicated below:

Director
Number of
Number of
Number of shares
Balance of shares
shares vesting
dividend
withheld to meet
transferred to
equivalent shares
tax liabilities
Director
Mark Lawrence
181,588
23,401
96,345
108,644
Mike Crowder
154,934
19,966
82,203
92,697
Trevor Mitchell
135,078
17,407
71,668
80,817


 

Formal notifications in respect of the Executive Directors are below:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Lawrence
2
Reason for thenotification
a)
Position/status
Group Chief Executive Officer and Executive Director (PDMR).
b)
Initial notification/Amendment
Initial notification
3
Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor
a)
Name
TClarke plc
b)
LEI
213800OIP8MU517BK123
4
Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;
(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted
a)
Description ofthe financialinstrument,type of instrument
Identification code
Ordinary shares of 10 pence each
GB0002015021
b)
Natureofthetransaction
Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
108,644
d)
Aggregated information
- Aggregatedvolume
- Price
N/A (single transaction)
e)
Dateofthetransaction
2021-04-27
f)
Place ofthetransaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mike Crowder
2
Reason for thenotification
a)
Position/status
Group Managing Director and Executive Director (PDMR).
b)
Initial notification/Amendment
Initial notification
3
Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor
a)
Name
TClarke plc
b)
LEI
213800OIP8MU517BK123
4
Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;
(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted
a)
Description ofthe financialinstrument,type of instrument
Identification code
Ordinary shares of 10 pence each
GB0002015021
b)
Natureofthetransaction
Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
92,697
d)
Aggregated information
- Aggregatedvolume
- Price
N/A (single transaction)
e)
Dateofthetransaction
2021-04-27
f)
Place ofthetransaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Trevor Mitchell
2
Reason for thenotification
a)
Position/status
Group Finance Director and Executive Director (PDMR).
b)
Initial notification/Amendment
Initial notification
3
Detailsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor
a)
Name
TClarke plc
b)
LEI
213800OIP8MU517BK123
4
Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;
(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted
a)
Description ofthe financialinstrument,type of instrument
Identification code
Ordinary shares of 10 pence each
GB0002015021
b)
Natureofthetransaction
Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
80,817
d)
Aggregated information
- Aggregatedvolume
- Price
N/A (single transaction)
e)
Dateofthetransaction
2021-04-27
f)
Place ofthetransaction
Outside a trading venue
For further information contact:
TClarke plc
Mark Lawrence - Group Chief Executive
Trevor Mitchell - Group Finance Director
Tel: 020 7997 7400
www.tclarke.co.uk
Cenkos Securities plc (Corporate Broker)
Max Hartley (Corporate Finance)
Nick Searle (Sales)
Tel: 020 7397 8900
www.cenkos.com
RMS Partners
Simon Courtenay
Tel: 020 3735 6551


28th April 2021

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