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1 May 2020 12:13
CLS Holdings plc
(the "Company")
Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")
CLS Holdings plc Performance Incentive Plan ("PIP")
CLS Holdings plc announces that on the vesting of Element B of the 2017 PIP share award, Fredrik Widlund, Chief Executive Officer and Director of the Company, on 25 April 2020, became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below. On 29 April 2020 Mr Widlund disposed of the number of Ordinary Shares set out below to which he had become beneficially entitled in order to settle his tax liability on vesting of the 2017 PIP award at the price per Ordinary Share set out below:
Plan Participant | Award Plan | Number of Ordinary shares acquired | Number of Ordinary shares disposed | Price in pence | Resultant total shareholding |
Fredrik Widlund | CLS Holdings plc Performance Incentive Plan (Element B) | 126,860 | 59,238 | 209.86p | 67,622 |
The notification is made in accordance with the EU 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 | Vesting of shares under the CLS Holdings plc Performance Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
| 0.00 p | 126,860 | |
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 25 April 2020 | |
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 from the vesting of shares under the CLS Holdings plc Performance Incentive Plan | |
c) | Price(s) and volume(s) | Price
| Volume
|
| 209.86p | 59,238 | |
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 29 April 2020 | |
g) | Place of the transaction | London Stock Exchange | |
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