Last checked at 16 May 2018 17:36
CLARKSON PLC
("the Company")
Director/PDMR Shareholdings
This notification is made in accordance with the Market Abuse Regulation.
The Company announces that on 14 May 2018 in fulfilment of the share element of the 2017 bonus, as disclosed in the 2017 annual report, the following Deferred Share Awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC 2014 Long Term Incentive Plan (the "Plan") to Executive Directors of the Company. No consideration was paid for the grant of the awards.
The vesting of these awards is subject to continued employment and they will normally vest on 14 May 2022.
Executive Director
| Number of shares granted
| Form of award |
Andi Case | 9,928 | Restricted Shares |
Jeff Woyda | 2,503 | Restricted Shares |
Peter M. Anker | 1,144 | Conditional Award |
Also on 14 May 2018, the following Performance Awards over ordinary shares of 25p each in the Company were granted under the Plan.
Vesting of these awards is subject to the fulfilment of certain performance conditions and continued employment. If these conditions are met, awards will normally vest and become exercisable on the later of the third anniversary of grant and fulfilment of the relevant performance conditions. Vested awards will be subject to a further two-year holding period.
Executive Director Number of shares granted Form of award
Andi Case 26,978 Nil Cost Option
Jeff Woyda 17,168 Nil Cost Option
Peter M. Anker 17,168 Nil Cost Option
Following the grant of the above awards, the Executive Directors' interests in the Company's share capital is as follows:
Ordinary Shares | % of Issued Share Capital | Restricted Shares | % of Issued Share Capital | Conditional award | % of Issued Share Capital | Performance Related Options | % of Issued Share Capital | |
Andi Case | 500,000 | 1.65% | 61,209 | 0.20% | - | - | 104,602 | 0.35% |
Jeff Woyda | 75,000 | 0.25% | 13,498 | 0.04% | - | - | 64,526 | 0.21% |
Peter M. Anker | 250,000* | 0.83% | - | - | 9,003 | 0.03% | 60,658 | 0.20% |
* The interest in these ordinary shares is held by Langebru AS, which is entirely owned by Peter M Anker and Mrs H Anker. | ||||||||
The Company was informed of these transactions on 14 May 2018.
For further details contact:
Rachel Spencer
Company Secretary
Clarkson PLC
Tel: +44(0) 20 7334 3476
16 May 2018
PDMR DEALING NOTIFICATION TEMPLATE | |||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them | |||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Andi Case
| |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer
| |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Clarkson PLC | |
b) | Legal Entity Identifier | 2138007G6BGTEHI3OT22 | |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan. The award was in the form of restricted shares. No consideration was paid for the grant. The award will normally vest on 14 May 2022, subject to continued employment.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 9,928
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue | |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan. This award was granted as a nil cost option. It will normally vest on 14 May 2021, subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 26,978
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Peter Martin Anker
| |
2 | Reason for the notification | ||
a) | Position/status | President of Brokerage and Investment Banking
| |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Clarkson PLC | |
b) | Legal Entity Identifier | 2138007G6BGTEHI3OT22 | |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan. The award was granted in the form of a conditional award. No consideration was paid for the grant. It will normally vest on 14 May 2022, subject to continued employment.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 1,144
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue
| |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan. This award was granted as a nil cost option. It will normally vest on 14 May 2021, subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 17,168
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jeff Woyda
| |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer & Chief Operating Officer
| |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Clarkson PLC | |
b) | Legal Entity Identifier | 2138007G6BGTEHI3OT22 | |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Deferred Share Award under the Clarkson PLC 2014 Long Term Incentive Plan. The award was in the form of restricted shares. No consideration was paid for the grant. The award will normally vest on 14 May 2022, subject to continued employment.
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 2,503
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue | |
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, type of instrument | Ordinary shares of 25p each in Clarkson PLC | |
Identification code | GB0002018363 | ||
b) | Nature of the transaction | Grant of a Performance Award under the Clarkson PLC 2014 Long Term Incentive Plan. This award was granted as a nil cost option. It will normally vest on 14 May 2021 subject to the fulfilment of the relevant performance conditions and continued employment. Award shares are subject to a two-year post-vesting holding period. Once vested it may be exercised until ten years from the date of grant. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Nil | 17,168
| ||
d) | Aggregated information |
Not applicable - single transaction | |
- Aggregated volume | |||
- Price | |||
e) | Date of the transaction |
14 May 2018 | |
f) | Place of the transaction |
Outside a trading venue | |