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11 May 2012 16:19
11 May 2012
CLARKSON PLC
("the Company")
Director/PDMR Shareholdings
This notification is made in accordance with DTR 3.1.4(1).
On 11 May 2012 in fulfilment of the restricted share element of the 2011 bonus, as disclosed in the 2011 annual report, the following awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC 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 the restricted share awards is subject to continued employment and they will normally vest on 30 April 2016.
Executive Director
| Number of restricted shares granted
|
Andi Case | 29,241 |
Jeff Woyda | 6,235 |
On 11 May 2012, the following options over ordinary shares in the Company were granted at nil cost under the Plan.
The vesting of these options is subject to the fulfilment of certain performance conditions and continued employment of the directors. If these conditions are met, these options will normally vest and become exercisable on the later of the third anniversary of grant and the fulfilment of the relevant performance conditions.
Award
Andi Case 61,937
Jeff Woyda 28,153
Following the grant of these awards the Executive Directors' interest in the Company's share capital is as follows:
Ordinary Shares | % of Issued Share Capital | Restricted Shares | % of Issued Share Capital | Performance Related Share Awards | Performance Related Options | |
Andi Case | 514,805 | 2.7% | 148,134 | 0.8% | 243,800 | 86,937 |
Jeff Woyda | 28,299 | 0.1% | 38,327 | 0.2% | 110,824 | 28,153 |
The Company was informed of these transactions on 11 May 2012.
For further details contact:
Jeff Woyda
Finance Director
Clarkson PLC Tel: +44(0) 20 7334 0000
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