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Director/PDMR Shareholding

5 Nov 2009 07:20

RNS Number : 9930B
Clarkson PLC
05 November 2009
 



5 November 2009

CLARKSON PLC 

("the Company")

Director/PDMR Shareholdings

This notification is made in accordance with DTR 3.1.4

On 5 November 2009 the following awards over ordinary shares in the Company were granted under the Clarkson PLC Long Term Incentive Plan (the "Plan") to Persons Discharging Managerial Responsibility ("PDMRs") of the Company:

No consideration was paid for the grant of the award which represents restricted shares due to Mr Case and Mr Woyda in fulfilment of their 2008 bonus as disclosed in the 2008 annual report

The vesting of the award is subject to continued employment and will normally vest on the fourth anniversary of grant.

The number of shares to be awarded was established and they were due to be granted on 1 May, at the same time as all higher earning employeesMr Case and Mr Woyda deferred the grant of their awards to give priority to all other employees who received the 2008 final dividend and 2009 interim dividend. 

Mr Case and Mr Woyda have waived both these dividends.

Effective Date of Grant

Issue

Price

Restricted Shares Issued

Vesting Date

Andi Case

1 May 2009

£5.06

57,233

30 April 2013

Jeff Woyda

1 May 2009

£5.06

18,937

30 April 2013

  

Following these awards the PDMRs' interest in the Company's share capital is as follows:

Ordinary Shares

Percentage of Issued Share Capital

Restricted Shares

Percentage of Issued Share Capital

Performance Related Share Awards

Performance Related Options

Andi Case

485,294

2.56%

267,233

1.41%

85,139

50,000

Jeff Woyda

-

-

18,937

0.10%

79,091

-

The following award over ordinary shares in the Company was granted under the Clarkson PLC Long Term Incentive Plan (the "Plan") to a Person Discharging Managerial Responsibility ("PDMR") of the Company. The shares were allocated in two tranches on 18 September 2009 and 29 May 2009 but the effective date of grant was 1 May 2009.

No consideration was paid for the grant of the award which is structured as an award of restricted shares.

The vesting of the award is subject to continued employment, and will normally vest on the fourth anniversary of grant.

Effective Date of Grant

Issue

Price

Restricted Shares Issued

Vesting Date

Martin Stopford

1 May 2009

£5.06

5,469

30 April 2013

As of the date of this announcementMr Stopford's interest in the Company's share capital is as follows:

Ordinary Shares

Percentage of Issued Share Capital

Restricted Shares

Percentage of Issued Share Capital

Performance Related Share Awards

Performance Related Options

Martin Stopford

13,744

0.07%

5,469

0.03%

71,182

-

For further details contact:

Jeff Woyda

Finance Director

Clarkson PLC

Tel: +44(0) 20 7334 0000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSUUGRCGUPBGRC
Date   Source Headline
29th Sep 20104:16 pmRNSDirector Declaration
8th Sep 20104:24 pmRNSDoc re. Interim Report 2010
25th Aug 20107:00 amRNSInterim Results
12th Aug 20107:00 amRNSNotice of Results
30th Jun 20109:53 amRNSPre-Close Trading Update - Correction
30th Jun 20107:00 amRNSPre-Close Trading Update
13th May 201010:47 amRNSHolding(s) in Company
13th May 201010:45 amRNSResult of AGM
12th May 201010:57 amRNSAGM and Interim Management Statement
20th Apr 20103:33 pmRNSAnnual Information Update
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31st Mar 20104:40 pmRNSAnnual Financial Report
23rd Mar 20104:37 pmRNSDirector/PDMR Shareholding
11th Mar 20107:00 amRNSFinal Results
25th Feb 201012:04 pmRNSNotice of Results
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18th Jun 200911:02 amRNSDirector Declaration
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2nd Apr 20092:22 pmRNSDirector Declaration
31st Mar 20093:15 pmRNSHolding(s) in Company
16th Mar 20094:46 pmRNSHolding(s) in Company
16th Mar 20097:00 amRNSFinal Results
11th Mar 20094:40 pmRNSSecond Price Monitoring Extn
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17th Feb 20094:35 pmRNSPrice Monitoring Extension

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