Last checked at 8 Jun 2023 14:14
CLS Holdings plc
(the "Company")
Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")
CLS Holdings plc Long Term Incentive Plan ("LTIP")
CLS Holdings plc announces that on 7 June 2023 following the vesting on 19 May 2023 of nil cost options granted to them on 13 May 2020 ("2020 LTIP Awards") under the LTIP, Fredrik Widlund, Chief Executive Officer and Director of the Company, and Andrew Kirkman, Chief Financial Officer and Director of the Company, exercised their 2020 LTIP Awards over the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below. On 7 June 2023, Mr Widlund and Mr Kirkman disposed of the number of Ordinary Shares to which they had become beneficially entitled on exercise of their 2020 LTIP Awards in order to settle their tax liability on exercise of the 2020 LTIP Awards at the price per Ordinary Share set out below:
Plan Participant | Role | Award Plan | Number of Ordinary Shares acquired on exercise | Number of Ordinary Shares disposed | Price in pence per Ordinary Share disposed | Resultant total holding of Ordinary Shares |
Fredrik Widlund | Chief Executive Officer and Director | CLS Holdings plc Long Term Incentive Plan | 133,927 | 62,946 | 138.9p | 70,981 |
Andrew Kirkman | Chief Financial Officer and Director
| CLS Holdings plc Long Term Incentive Plan
| 65,475 | 30,774 | 138.9p | 34,701 |
The notification is made in accordance with the UK Market Abuse Regulation.
Enquiries:
David Fuller
Company Secretary
CLS Holdings plc
Tel: +44 (0) 20 7582 7766
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Fredrik Widlund | |
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
| CLS Holdings plc | |
b) | LEI
| 213800A357TKB2TD9U78 | |
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 | Ordinary Shares of 2.5p
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Exercise of option over Ordinary Shares granted under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
0.00 p | 133,927 | ||
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 June 2023 | |
g) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Fredrik Widlund | |
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
| CLS Holdings plc | |
b) | LEI
| 213800A357TKB2TD9U78 | |
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 | Ordinary Shares of 2.5p
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Sale of shares acquired under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
138.9p | 62,946 | ||
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 June 2023 | |
g) | Place of the transaction | London Stock Exchange
| |
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Andrew Kirkman | |
2
| Reason for the notification | ||
a) | Position/status
| Chief Financial Officer
| |
b) | Initial notification/amendment
| Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a) | Name
| CLS Holdings plc | |
b) | LEI
| 213800A357TKB2TD9U78 | |
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 | Ordinary Shares of 2.5p
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Exercise of option over Ordinary Shares granted under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
0.00 p | 65,475 | ||
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 June 2023 | |
g) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Andrew Kirkman | |
2
| Reason for the notification | ||
a) | Position/status
| Chief Financial Officer
| |
b) | Initial notification/amendment
| Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a) | Name
| CLS Holdings plc | |
b) | LEI
| 213800A357TKB2TD9U78 | |
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 | Ordinary Shares of 2.5p
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Sale of shares acquired under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
138.9p | 30,774 | ||
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 June 2023 | |
g) | Place of the transaction | London Stock Exchange
| |
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