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Last checked at 
6 Jun 2017 12:45
6 June 2017
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2014 vesting
The Company was informed on 6 June 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares").
These dealings were pursuant to the exercise of awards under the Robert Walters Long Term Incentive Plan ("LTIP") on 5 June 2017. Pursuant to instructions given by the relevant Directors, a fixed proportion of the awards were sold on 5 June 2017 to satisfy the associated tax obligations arising upon the vesting of the Ordinary Shares.
Director | Number of Awards exercised | Exercise price (p) | Number of shares sold | Sale price (p) | Net increase in shareholdings |
Robert Walters |
87,336 |
0 |
41,172 |
385 |
46,164 |
Giles Daubeney |
72,815 |
0 |
34,327 |
385 |
38,488 |
Alan Bannatyne |
53,324 |
0 |
25,138 |
385 |
28,186 |
The Company also announces that certain Directors exercised awards on 5 June 2017 under The Robert Walters UK Sharesave Plan 2014 over ordinary shares of 20p each held in the Robert Walters Employee Benefit Trust.
Director | Number of Awards exercised | Exercise price (p) | Net increase in shareholdings |
Robert Walters |
6,792 |
265 |
6,792 |
Giles Daubeney |
6,792 | 265 |
6,792 |
Alan Bannatyne |
6,792 | 265 |
6,792 |
There has therefore been an increase in the overall shareholdings of each of the Directors as a result of these dealings 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 |
Robert Walters | 2,519,930 | 3.38 | 2,572,886 | 3.45 |
Giles Daubeney | 1,807,242 | 2.43 | 1,852,522 | 2.49 |
Alan Bannatyne |
424,247 |
0.57 |
459,225 |
0.62 |
Robert Walters plc's issued share capital consists of 78,573,819 Ordinary Shares with voting rights. Robert Walters plc holds 4,074,000 Ordinary Shares in Treasury.
Therefore, the total number of voting rights in Robert Walters plc is 74,499,819.
The above figure of 74,499,819 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 FSA's Disclosure and Transparency Rules.
APPENDIX
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Robert Walters | |
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 | Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0p | 87,336 | ||
265p | 6,792 | ||
385p | 41,172 | ||
(e) | Aggregated information - Aggregated volume - Price |
94,128 (exercised) , 41,172 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold) | |
(f) | Date of the transaction | 5 June 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Giles Daubeney | |
2. | Reason for the notification | ||
(a) | Position/status | Deputy 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 | Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0p | 72,815 | ||
265p | 6,792 | ||
385p | 34,327 | ||
(e) | Aggregated information - Aggregated volume - Price |
79,607 (exercised), 34,327 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold) | |
(f) | Date of the transaction | 5 June 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
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 | Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0p | 53,324 | ||
265p | 6,792 | ||
385p | 25,138 | ||
(e) | Aggregated information - Aggregated volume - Price |
60,116 (exercised), 25,138 (sold)
0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold) | |
(f) | Date of the transaction | 5 June 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
Enquiries:
Robert Walters plc
Robert Walters, Chief Executive
Alan Bannatyne, Chief Financial Officer +44 20 7379 3333
Newgate Communications
Steffan Williams
Charlotte Coulson +44 20 7680 6550
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