Clarkson PLC Director/PDMR Shareholding (2777B)

TIDMCKN

RNS Number : 2777B

Clarkson PLC

06 October 2020

CLARKSON PLC

("the Company" or "Clarksons")

6 October 2020

Director/PDMR share disposal

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

The Company announces that from 1 October 2020 to 5 October 2020, Peter Backhouse, a Director of the Company, disposed of 1,500 ordinary shares of 25p each in the Company at an average price of 2325.5 pence per share for personal tax planning purposes.

Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Backhouse has an interest over 10,912 ordinary shares, representing 0.04% of the Company's issued share capital.

For further details please contact:

Company enquiries:

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. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.

The Group employs over 1,600 people in 53 different offices across its four divisions and is number one or two in all its market segments.

The Company has delivered 17 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 of                    Ordinary shares of 25p each in Clarkson PLC 
         the financial 
         instrument, type 
         of instrument 
       --------------------------------  ----------------------------------------------- 
        Identification                    GB0002018363 
         code 
       --------------------------------  ----------------------------------------------- 
 b)     Nature of the                     Disposal of ordinary shares 
         transaction 
       --------------------------------  ----------------------------------------------- 
 c)     Price(s) and                      Price(s)                           Volume(s) 
         volume(s) 
       --------------------------------  ---------------------------------  ------------ 
   Average 2325.5 pence 
    per share                                                                1,500 
  ------------------------------------------------------------------------  ------------ 
 d)     Aggregated information             Date         Volume   Price (pence) 
                                            1 October 
                                             2020        500      2350 
                                                        -------  -------------- 
                                            5 October 
                                             2020        1,000    2313.2 
                                                        -------  -------------- 
       --------------------------------  ----------------------------------------------- 
  - Aggregated 
   volume 
 -------------------------------------------------------------------  ----  ------------ 
  - Price 
 -------------------------------------------------------------------  ----  ------------ 
 e)     Date of the transaction           1-5 October 2020 
       --------------------------------  ----------------------------------------------- 
 f)     Place of the 
         transaction                        London Stock Exchange 
       --------------------------------  ----------------------------------------------- 
 

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October 06, 2020 10:06 ET (14:06 GMT)