Clarkson PLC Director/PDMR Shareholding (6097M)

TIDMCKN

RNS Number : 6097M

Clarkson PLC

30 April 2018

CLARKSON PLC

("the Company")

30 April 2018

Director/PDMR share purchase

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

The Company announces that on 27 April 2018 Peter Backhouse, a Non-Executive Director of the Company, purchased 4,000 ordinary shares of 25p each in the Company at a price of 2,459.8975 pence per share.

Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Backhouse has an interest over 10,000 ordinary shares, representing 0.03% of the Company's issued capital.

For further details contact:

Rachel Spencer

Company Secretary

Tel: [phone]

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors.

The Company has delivered 15 years of consecutive dividend growth. The highly cash generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on the upturn in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com.

 
 PDMR DEALING NOTIFICATION TEMPLATE 
----------------------------------------------------------------------- 
 Notification and public disclosure of transactions 
  by persons discharging managerial responsibilities 
  and persons closely associated with them 
----------------------------------------------------------------------- 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ---------------------------------------------------------------- 
 a)     Name                     Peter Backhouse 
-----  -----------------------  --------------------------------------- 
 2      Reason for the notification 
-----  ---------------------------------------------------------------- 
 a)     Position/status          Non-Executive Director 
-----  -----------------------  --------------------------------------- 
 b)     Initial notification     Initial notification 
         /Amendment 
-----  -----------------------  --------------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ---------------------------------------------------------------- 
 a)     Name                     Clarkson PLC 
-----  -----------------------  --------------------------------------- 
 b)     Legal Entity             2138007G6BGTEHI3OT22 
         Identifier 
-----  -----------------------  --------------------------------------- 
 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 each in 
         of the financial         Clarkson PLC 
         instrument, 
         type of instrument 
-----  -----------------------  --------------------------------------- 
        Identification           GB0002018363 
         code 
-----  -----------------------  --------------------------------------- 
 b)     Nature of                Purchase of ordinary shares 
         the transaction 
-----  -----------------------  --------------------------------------- 
 c)     Price(s)                 Price(s)                   Volume(s) 
         and volume(s) 
-----  -----------------------  -------------------------  ------------ 
   2,459.8975 pence 
    per share                                               4,000 
  -------------------------------------------------------  ------------ 
 d)     Aggregated 
         information 
-----  -------------------------------------------------- 
  - Aggregated 
   volume 
 -------------------------------------------------- 
  - Price                  Not applicable - single transaction 
 -----------------------  --------------------------------------------- 
 e)     Date of the              27 April 2018 
         transaction 
-----  -----------------------  --------------------------------------- 
 f)     Place of 
         the transaction           London Stock Exchange 
-----  -----------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 30, 2018 09:51 ET (13:51 GMT)