Last checked at 5 May 2023 09:10
5 May 2023
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings & Total Voting Rights
2023 PSP awards
The Company announces that the following awards were made to the Executive Directors under the 2023 Robert Walters Performance Share Plan on 4 May 2023:
Director | No. of Ordinary Shares awarded |
Toby Fowlston | 229,245 |
Alan Bannatyne | 153,282 |
Total | 382,527 |
The awards, which were made in the form of options at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.
As set out above, following shareholder approval of the Company's new Performance Share Plan which is deemed to align more closely with the expectations of investors, Alan Bannatyne has been awarded 153,282 options over Ordinary Shares under the new Performance Share Plan, replacing the 153,282 awards under the 2014 Robert Walters Performance Share Plan made on 10 March 2023.
Directors' Shareholdings
There has been no change in the overall shareholdings of each of the Executive Directors as a result of the transactions set out above and individual shareholdings before and after are set out below:
Director | Shareholding prior to this announcement | % holding in Company | Shareholding after this announcement | % holding in Company |
Toby Fowlston | - | - | - | - |
Alan Bannatyne | 707,853 | 0.94 | 707,853 | 0.94 |
Robert Walters plc's issued share capital now consists of 78,928,095 Ordinary Shares, of which 4,074,000 Ordinary Shares are held in treasury.
Therefore, the total number of voting rights in Robert Walters plc is 74,854,095, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FCA's Disclosure Guidance and Transparency Rules.
Further information
Robert Walters plc Toby Fowlston, Chief Executive Alan Bannatyne, Chief Financial Officer
| +44 (0) 20 7379 3333 |
Williams Nicolson Steffan Williams
| +44 7767 345 563 |
www.robertwaltersgroup.com
APPENDIX
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Toby Fowlston | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Executive Officer | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | Robert Walters plc | |
(b) | LEI | 213800LIE15BDEN3VW43 | |
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 20p each | |
(b) | Identification code of the Financial Instrument | ISIN Code : GB0008475088 | |
(c) | Nature of the transaction | Grant of Ordinary Shares under the 2023 Robert Walters Performance Share Plan Scheme | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0 | 229,245 | ||
(e) | Aggregated information - Aggregated volume - Price |
229,245 (psp) 0 | |
(f) | Date of the transaction | 4 May 2023 | |
(g) | Place of the transaction | Outside of trading venue (XOFF) | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Alan Bannatyne | |
2. | Reason for the notification | ||
(a) | Position/status | Chief Financial Officer | |
(b) | Initial notification/ Amendment | Initial notification | |
3. | Details of the issuer | ||
(a) | Name | Robert Walters plc | |
(b) | LEI | 213800LIE15BDEN3VW43 | |
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 20p each | |
(b) | Identification code of the Financial Instrument | ISIN Code : GB0008475088 | |
(c) | Nature of the transaction | Grant of Ordinary Shares under the 2023 Robert Walters Performance Share Plan Scheme | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0 | 153,282 | ||
(e) | Aggregated information - Aggregated volume - Price |
153,282 (psp) 0 | |
(f) | Date of the transaction | 4 May 2023 | |
(g) | Place of the transaction | Outside of trading venue (XOFF) | |