Last checked at 11 May 2018 17:21
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