Clarkson PLC Director/PDMR Shareholding (6964N)

TIDMCKN

RNS Number : 6964N

Clarkson PLC

25 September 2019

CLARKSON PLC

("the Company")

25 September 2019

Director/PDMR share sale

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

The Company announces that on 24 September 2019, Birger Nergaard, a Director of the Company, disposed of interests in 75,000 ordinary shares of 25p each in the Company at a price of 2326.25 pence per share for personal tax planning purposes.

Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Nergaard has an interest over 30,869 ordinary shares, representing 0.1018% of the Company's issued share 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 16 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                            Birger Nergaard 
       ------------------------------  ----------------------------------------------- 
 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 of                  Ordinary shares of 25p each in Clarkson PLC 
         the financial 
         instrument, type 
         of instrument 
       ------------------------------  ----------------------------------------------- 
        Identification                  GB0002018363 
         code 
       ------------------------------  ----------------------------------------------- 
 b)     Nature of the                   Sale of ordinary shares, such shares being 
         transaction                     held by Acane AS, an investment company in 
                                         which Birger Nergaard has 100% interest. 
       ------------------------------  ----------------------------------------------- 
 c)     Price(s) and                    Price(s)                           Volume(s) 
         volume(s) 
       ------------------------------  ---------------------------------  ------------ 
   2326.25 pence per share                                                 75,000 
  ----------------------------------------------------------------------  ------------ 
 d)     Aggregated information 
       ----------------------------------------------------------------- 
  - Aggregated 
   volume 
 ----------------------------------------------------------------- 
  - Price                         Not applicable - single transaction 
 ------------------------------  ----------------------------------------------------- 
 e)     Date of the transaction         24 September 2019 
       ------------------------------  ----------------------------------------------- 
 f)     Place of the                    London Stock Exchange 
         transaction 
       ------------------------------  ----------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 25, 2019 12:41 ET (16:41 GMT)