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Last checked at 
8 Mar 2018 17:42
LEI: 213800A357TKB2TD9U78
CLS Holdings plc
(the "Company")
Notification of Persons Discharging Managerial Responsibilities ("PDMR") Interest in Shares
CLS Holdings plc Performance Incentive Plan ("PIP")
Following the release of the Company's Annual Financial Report on 7 March 2018, the Remuneration Committee granted 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. The Awards were made following the Committee's determination of the level of satisfaction of the Key Performance Targets for the 2017 financial year as set out in the 2017 Annual Report and Accounts.
PDMRs | Number of Shares subject to the Award |
Fredrik Widlund
| 107,720 |
John Whiteley
| 70,388 |
Simon Wigzell | 56,466 |
The key terms of the Awards made under Element B of the PIP are:-
- Awards will vest on the third anniversary of the award date 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 which is 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
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
Identification code:
| Ordinary Shares of CLS Holdings Plc of 2.5 pence each.
GB00BF044593
| |
b) | Nature of the transaction | Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan. | |
c) | Price(s) and volume(s) | Price
Nil
| Volume
107,720 |
d) | Currency | GBP - British Pound | |
e) | Aggregated information | N/A
| |
f) | Date of the transaction
| 7 March 2018 | |
g) | Place of the transaction
| Outside a trading venue | |
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | John Whiteley | |
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 CLS Holdings Plc of 2.5 pence each.
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan. | |
c) | Price(s) and volume(s) | Price
Nil
| Volume
70,388 |
d) | Currency | GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 March 2018 | |
g) | Place of the transaction
| Outside a trading venue | |
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Simon Wigzell | |
2
| Reason for the notification | ||
a) | Position/status
| Head of Group Property | |
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 CLS Holdings Plc of 2.5 pence each.
Identification code: GB00BF044593
| |
b) | Nature of the transaction | Grant of conditional share award under the CLS Holdings plc Performance Incentive Plan. | |
c) | Price(s) and volume(s) | Price
Nil
| Volume
56,466 |
d) | Currency | GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 7 March 2018 | |
g) | Place of the transaction
| Outside a trading venue | |
Enquiries:
David Fuller
Company Secretary
CLS Holdings plc
Tel: +44 (0) 20 7582 7766
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