CLG.L Regulatory News (CLG)

1.

Name of the issuer

CLIPPER LOGISTICS PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR

3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code

(i) a transaction notified in accordance with DTR 3.1.2 R

3.

Name of person discharging managerial responsibilities/director

STEVEN PARKIN

ANTONY MANNIX

SEAN FAHEY

DAVID HODKIN

ROGER PEEL

SIMON PARKINSON

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

N/A

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

N/A

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8

State the nature of the transaction

N/A

9.

Number of shares, debentures or financial instruments relating to shares acquired

N/A

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11.

Number of shares, debentures or financial instruments relating to shares disposed

N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13.

Price per share or value of transaction

N/A

14.

Date and place of transaction

N/A

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/A

16.

Date issuer informed of transaction

N/A

17

Date of grant

27/01/2017

18.

Period during which or date on which exercisable

27/01/2020 - 27/01/2027

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

CONDITIONAL AWARDS OF THE FOLLOWING NUMBER OF ORDINARY SHARES HAVE BEEN GRANTED TO THE PERSONS LISTED BELOW UNDER THE ISSUER'S PERFORMANCE SHARE PLAN:

STEVEN PARKIN - 108,012

ANTONY MANNIX - 60,007

SEAN FAHEY - 40,004

DAVID HODKIN - 48,005

ROGER PEEL - 15,765

SIMON PARKINSON - 17,736

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

NIL

22.

Total number of shares or debentures over which options held following notification

STEVEN PARKIN - 485,888

ANTONY MANNIX - 272,986

SEAN FAHEY - 188,029

DAVID HODKIN - 223,072

ROGER PEEL - 65,820

SIMON PARKINSON - 17,736

23.

Any additional information

THIS NOTIFICATION IS IN RESPECT OF THE CONDITIONAL AWARD OF SHARES UNDER THE ISSUER'S PERFORMANCE SHARE PLAN. ANY VESTING OF THE AWARDS IS SUBJECT TO PERFORMANCE CONDITIONS RELATING TO GROWTH IN ADJUSTED BASIC EARNINGS PER SHARE.

24.

Name of contact and telephone number for queries

DAVID HODKIN (CFO)

0113 204 2050

Name of authorised officer of issuer responsible for making notification

DAVID HODKIN, CHIEF FINANCIAL OFFICER

Date of notification  31 JANUARY 2017

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.