Last checked at 9 Apr 2020 17:44
9 April 2020
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2017 Performance Share Plan Scheme exercise
The Company announces that it was notified on 9 April 2020 of the following dealings by the Executive Directors listed in the table below.
Director | Number of PSP shares exercised | Number of PSP shares sold | Sale price (p) |
Robert Walters | 258,257 | 121,747 | 261 |
Alan Bannatyne | 157,669 | 74,328 | 261 |
Total | 415,926 | 196,075 |
These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 15 March 2020.
Pursuant to instructions given by each of the Executive Directors, a fixed proportion of the awards were exercised and sold on 3 April 2020 to satisfy the associated tax obligations arising upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne.
Director' Shareholdings
There has been a change in the overall shareholdings of each of the Executive 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 | 2,477,161 | 3.25 | 2,613,671 | 3.43 |
Alan Bannatyne | 600,820 | 0.78 | 684,161 | 0.89 |
Robert Walters plc's issued share capital now consists of 80,131,955 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 76,057,955.
The above figure of 76,057,955 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.
Further information
Robert Walters plc Robert Walters, Chief Executive Alan Bannatyne, Chief Financial Officer
| +44 20 7379 3333 |
Portland Communications Steffan Williams Simon Hamer | +44 20 7554 1660 |
www.robertwaltersgroup.com
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 | Sale of Ordinary Shares under the Robert Walters plc Long Term Incentive Plan. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
261p | 121,747 | ||
(e) | Aggregated information - Aggregated volume - Price |
N/A | |
(f) | Date of the transaction | 3 April 2020 | |
(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 | Sale of ordinary shares pursuant to the vested Robert Walters Performance Share Plan. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
261p | 74,328 | ||
(e) | Aggregated information - Aggregated volume - Price |
N/A | |
(f) | Date of the transaction | 3 April 2020 | |
(g) | Place of the transaction | London Stock Exchange | |