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Pin to quick picksCLS Holdings Regulatory News (CLI)

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Director/PDMR Shareholding

11 May 2018 17:21

RNS Number : 8810N
CLS Holdings PLC
11 May 2018
 

LEI: 213800A357TKB2TD9U78

 

CLS Holdings plc

 

(the "Company")

 

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") or Persons Closely Associated with them

 

 

The Company announces that it was notified on 11 May 2018 that, on that date, Bengt Mortstedt, Non-Executive Director of the Company, sold 1,500,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") to The Sten and Karin Mortstedt Family & Charity Trust (the "Trust"), established by Sten Mortstedt, Executive Director of the Company, for 240.00 pence per Ordinary Share.

 

Following this transaction, Mr Bengt Mortstedt's interest in the number of Ordinary Shares, is 26,572,550 Ordinary Shares (6.52%).

 

Following this transaction, Mr Sten Mortstedt's interest in the number of Ordinary Shares, including those held in Trust, is 209,348,740 Ordinary Shares (51.39%).

 

 

The Notification of Dealing Form, which provides further details, can be found below.

 

The notification is made in accordance with the EU Market Abuse Regulation.

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Mr Bengt Mortstedt

2

 

Reason for the notification

a)

Position/status

 

Non-Executive Director

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

Sale of 1,500,000 Ordinary Shares.

c)

Price(s) and volume(s)

Price

 

 

240.0 pence

Volume

 

 

1,500,000

d)

Currency

 

GBP - British Pound

e)

Aggregated information

 

N/A - single transaction

 

f)

Date of the transaction

 

11 May 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)

The Sten and Karin Mortstedt Family & Charity Trust

2

 

Reason for the notification

a)

Position/status

 

Person Closely Associated with Sten Mortstedt (Executive Director of the Company)

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

Purchase of 1,500,000 Ordinary Shares.

c)

Price(s) and volume(s)

Price

 

 

240.0 pence

 

Volume

 

 

1,500,000

d)

Currency

 

GBP - British Pound

e)

Aggregated information

 

N/A - single transaction

 

f)

Date of the transaction

 

11 May 2018

g)

Place of the transaction

 

Outside a trading venue

 

 

 

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

020 7582 7766

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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