Last checked at 12 Oct 2017 17:53
12 October 2017
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
The Company was informed on 12 October 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares") that occurred on the same date.
Robert Walters, Chief Executive Officer of the Company, and Giles Daubeney, Deputy Chief Executive Officer of the Company, exercised options to purchase Ordinary Shares under the terms of The Robert Walters Executive Share Option Scheme as outlined in the table below:
Director | Number of Awards exercised | Exercise price (p) | Number of shares sold | Sale price (p) | Net increase in shareholdings |
Robert Walters |
300,000 |
208 |
300,000 |
580 |
- |
Robert Walters |
300,000 |
211 |
300,000 |
580 |
- |
Giles Daubeney |
250,000 |
208 |
250,000 |
580 |
- |
Giles Daubeney |
250,000 |
211 |
250,000 |
580 |
- |
The Company also received notice that on 12 October 2017, Robert Walters, sold an additional 392,581 Ordinary Shares at a price of 580p per share. On the same date Giles Daubeney, Deputy Chief Executive Officer of the Company, sold an additional 150,000 Ordinary Shares also at a price of 580p per share.
In aggregate, Robert Walters and Giles Daubeney have therefore today sold 992,581 Ordinary Shares and 650,000 Ordinary Shares respectively at a price of 580p per Ordinary Share.
As a result of the exercise of these share options and subsequent share sales, there has therefore been a change in the overall shareholdings of each of these Directors as set out below:
Director | Shareholding prior to this announcement | % holding in Company | Shareholding after this announcement | % holding in Company |
Robert Walters | 2,617,205 | 3.51 | 2,224,624 | 2.96 |
Giles Daubeney | 1,883,069 | 2.53 | 1,733,069 | 2.30 |
Robert Walters plc's issued share capital consists of 79,340,740 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 75,266,740.
The above figure of 75,266,740 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 | Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
208p | 300,000 | ||
211p | 300,000 | ||
580p | 992,581 | ||
(e) | Aggregated information - Aggregated volume - Price |
300,000 (exercised) at 208p 300,000 (exercised) at 211p 992,581 (sold) at 580p
| |
(f) | Date of the transaction | 12 October 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 | Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc. | |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
208p | 250,000 | ||
211p | 250,000 | ||
580p | 650,000 | ||
(e) | Aggregated information - Aggregated volume - Price |
250,000 (exercised) at 208p 250,000 (exercised) at 211p 650,000 (sold) at 580p
| |
(f) | Date of the transaction | 12 October 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