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Last checked at 
18 Mar 2022 12:54
CLS Holdings plc
(the "Company", the "Group")
Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")
CLS Holdings plc Long Term Incentive Plan ("LTIP")
CLS Holdings plc announces that Fredrik Widlund, Chief Executive Officer and Director of the Company, and Andrew Kirkman, Chief Financial Officer and Director of the Company, have been awarded nil cost options over a number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") as set out below (the "Awards") on 16 March 2022.
PDMR Plan Participant | Award Plan | Award Price (pence per share) | No of shares pursuant to Award |
Fredrik Widlund | LTIP | 207p | 349,416 |
Andrew Kirkman | LTIP | 207p | 170,830 |
The Awards were made based on the quoted closing price of the Company's Ordinary Share on 16 March 2022. The Awards will vest on the third anniversary of the date of grant, subject to the achievement of performance targets measured over a three-year period as set out in the Company's 2020 Remuneration Policy. Vested Awards will be subject to an additional two-year holding period.
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 | Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
| 0.00 p | 349,416 | |
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 16 March 2022 | |
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 | Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
| 0.00 p | 170,830 | |
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 16 March 2022
| |
g) | Place of the transaction | Outside a trading venue
| |
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