CLS Holdings Regulatory News (CLI)

CLS Holdings plc

(the "Company")

Notification of Transaction of Directors, Persons Discharging Managerial Responsibilities ("PDMR") or Persons Closely Associated

CLS Holdings plc Performance Incentive Plan ("PIP")

On 2 July 2019, the Remuneration Committee granted Mr Andrew Kirkman, Chief Financial Officer and Director of the Company, the following Awards over ordinary shares of 2.5 pence each in the capital of the Company under Element B of the PIP in the form of conditional share awards. These Awards form part of his recruitment remuneration in relation to the buying out on a fair value basis of his long-term incentive awards lapsing on leaving his previous employment:

The key terms of the Awards made under Element B of the PIP are:-

- Awards will vest as above provided that the participant remains employed by the Company, and

- no shares subject to Awards (apart from those sold to meet any tax liability) can be sold prior to the 5th anniversary of the award date.

Full details of the PIP are set out in the Company's Remuneration Policy, together with details of Mr Kirkman's recruitment remuneration, are available at www.clsholdings.com

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Notification of Dealing Form

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

LEI: 213800A357TKB2TD9U78

Tel: +44 (0) 20 7582 7766