CLS Holdings PLC Director/PDMR Shareholding (9995K)

TIDMCLI

RNS Number : 9995K

CLS Holdings PLC

27 September 2016

CLS Holdings plc

(the "Company", the "Group" or "CLS")

Notifications of transactions by Persons Discharging Managerial Responsibilities ("PDMR"s)

The Company announces that pursuant to the Company's Tender Offer, as described in the Circular to shareholders dated 26 August 2016, which completed on 22 September 2016, the PDMRs of the Company below have notified the Company of the sale by Tender of those number of ordinary shares of 25 pence in the Company ("Ordinary Shares") at 1,750 pence per share, and are now interested in the number of Ordinary Shares as set out against their name:

 
        Directors/Persons        Number of   Total holding   % of Total 
   Discharging Managerial         Ordinary       following       Voting 
         Responsibilities      Shares sold            sale       Rights 
                                  pursuant 
                             to the Tender 
                                     Offer 
 Sten Mortstedt ...                219,544      20,774,174       50.99% 
 Joseph Crawley*                     2,426         229,608        0.56% 
 Fredrik Widlund                       545          22,149        0.05% 
 John Whiteley **                      404          13,596        0.03% 
 Lennart Sten                          103           2,850        0.01% 
 

... held by Creative Value Investment Group Limited, a company owned by the Sten and Karin Mortstedt Family and Charity Trust.

* held in Trust for Angela Crawley, the wife of Joseph Crawley.

** held by Dianne Whiteley, the wife of John Whiteley.

The Notification of Dealing Form, which provides further detail, can be found below.

The notification is made in accordance with the EU Market Abuse Regulation.

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

Tel: [phone]

Notification of Dealing Form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------- 
 a)   Name(s)                          Sten Mortstedt (Director) 
                                        Joseph Crawley (Director) 
                                        Fredrik Widlund (Director) 
                                        John Whiteley (Director) 
                                        Lennart Sten (Director) 
---  -------------------------------  ---------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------- 
 a)   Position/status                             As noted in 1a) above 
---  -------------------------------  ---------------------------------------------- 
 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                              n/a 
---  -------------------------------  ---------------------------------------------- 
 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                      Ordinary Shares of 25p 
       of the financial                 Identification code: GB0001592475 
       instrument 
---  -------------------------------  ---------------------------------------------- 
 b)   Nature of the                    Sale of Ordinary Shares of 25p 
       transaction                      through the Company's Tender 
                                        Offer, purchased at 1,750 pence 
                                        per share. 
---  -------------------------------  ---------------------------------------------- 
 c)   Price and volume                  Director/PDMR      Price(s)       Volume(s) 
                                        -----------------  -------------  ---------- 
                                                            1,750 pence 
                                         Sten Mortstedt      per share     219,544 
                                        -----------------  -------------  ---------- 
                                                            1,750 pence 
                                         Joseph Crawley      per share     2,426 
                                        -----------------  -------------  ---------- 
                                                            1,750 pence 
                                         Fredrik Widlund     per share     545 
                                        -----------------  -------------  ---------- 
                                                            1,750 pence 
                                         John Whiteley       per share     404 
                                        -----------------  -------------  ---------- 
                                                            1,750 pence 
                                         Lennart Sten        per share     103 
                                        -----------------  -------------  ---------- 
---  -------------------------------  ---------------------------------------------- 
 d)   Aggregated                       N/A 
       information 
---  -------------------------------  ---------------------------------------------- 
 e)   Date of the                      22 September 2016 
       transaction 
---  -------------------------------  ---------------------------------------------- 
 f)   Place of the                     London Stock Exchange 
       transaction 
---  -------------------------------  ---------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHAKODDABKDPCB

(END) Dow Jones Newswires

September 27, 2016 12:16 ET (16:16 GMT)