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CLI Cls Holdings Plc

83.20
0.40 (0.48%)
Last Updated: 15:00:04
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cls Holdings Plc LSE:CLI London Ordinary Share GB00BF044593 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.48% 83.20 83.00 83.20 83.20 81.20 81.50 191,856 15:00:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 113M -249.8M -0.6286 -1.32 329.85M

CLS Holdings PLC Director/PDMR Shareholding (1917H)

08/03/2018 5:42pm

UK Regulatory


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TIDMCLI

RNS Number : 1917H

CLS Holdings PLC

08 March 2018

LEI: 213800A357TKB2TD9U78

CLS Holdings plc

(the "Company")

Notification of Persons Discharging Managerial Responsibilities ("PDMR") Interest in Shares

CLS Holdings plc Performance Incentive Plan ("PIP")

Following the release of the Company's Annual Financial Report on 7 March 2018, the Remuneration Committee granted the following Awards over ordinary shares of 2.5 pence each in the capital of the Company under Element B of the PIP in the form of conditional share awards. The Awards were made following the Committee's determination of the level of satisfaction of the Key Performance Targets for the 2017 financial year as set out in the 2017 Annual Report and Accounts.

 
 PDMRs              Number of Shares subject to the 
                                              Award 
-----------------  -------------------------------- 
 Fredrik Widlund                            107,720 
-----------------  -------------------------------- 
 John Whiteley                               70,388 
-----------------  -------------------------------- 
 Simon Wigzell                               56,466 
-----------------  -------------------------------- 
 

The key terms of the Awards made under Element B of the PIP are:-

- Awards will vest on the third anniversary of the award date provided that the participant remains employed by the Company, and

- no shares subject to Awards (apart from those sold to meet any tax liability) can be sold prior to the 5(th) anniversary of the award date.

Full details of the PIP are set out in the Company's Remuneration Policy which is available at www.clsholdings.com

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Notification of Dealing Form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------ 
 a)   Name(s)                             Fredrik Widlund 
---  ----------------------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------ 
 a)   Position/status                     Chief Executive Officer 
---  ----------------------------------  ------------------------------------------ 
 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                                 213800A357TKB2TD9U78 
---  ----------------------------------  ------------------------------------------ 
 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 CLS Holdings 
       of the financial                    Plc of 2.5 pence each. 
       instrument 
       Identification                      GB00BF044593 
       code: 
---  ----------------------------------  ------------------------------------------ 
 b)   Nature of the                       Grant of conditional share award 
       transaction                         under the CLS Holdings plc Performance 
                                           Incentive Plan. 
---  ----------------------------------  ------------------------------------------ 
 c)   Price(s) and                        Price               Volume 
       volume(s)                           Nil                 107,720 
---  ----------------------------------  ------------------  ---------------------- 
 d)   Currency                            GBP - British Pound 
---  ----------------------------------  ------------------------------------------ 
 e)   Aggregated                          N/A 
       information 
---  ----------------------------------  ------------------------------------------ 
 f)   Date of the                         7 March 2018 
       transaction 
---  ----------------------------------  ------------------------------------------ 
 g)   Place of the                        Outside a trading venue 
       transaction 
---  ----------------------------------  ------------------------------------------ 
 

Notification of Dealing Form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------- 
 a)   Name(s)                              John Whiteley 
---  -----------------------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------- 
 a)   Position/status                      Chief Financial Officer 
---  -----------------------------------  ------------------------------------------ 
 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                                  213800A357TKB2TD9U78 
---  -----------------------------------  ------------------------------------------ 
 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 CLS Holdings 
       of the financial                     Plc of 2.5 pence each. 
       instrument                           Identification code: GB00BF044593 
---  -----------------------------------  ------------------------------------------ 
 b)   Nature of the                        Grant of conditional share award 
       transaction                          under the CLS Holdings plc Performance 
                                            Incentive Plan. 
---  -----------------------------------  ------------------------------------------ 
 c)   Price(s) and                         Price                Volume 
       volume(s)                            Nil                  70,388 
---  -----------------------------------  -------------------  --------------------- 
 d)   Currency                             GBP - British Pound 
---  -----------------------------------  ------------------------------------------ 
 e)   Aggregated                           N/A 
       information 
---  -----------------------------------  ------------------------------------------ 
 f)   Date of the                          7 March 2018 
       transaction 
---  -----------------------------------  ------------------------------------------ 
 g)   Place of the                         Outside a trading venue 
       transaction 
---  -----------------------------------  ------------------------------------------ 
 

Notification of Dealing Form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------- 
 a)   Name(s)                              Simon Wigzell 
---  -----------------------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------- 
 a)   Position/status                      Head of Group Property 
---  -----------------------------------  ------------------------------------------ 
 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                                  213800A357TKB2TD9U78 
---  -----------------------------------  ------------------------------------------ 
 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 CLS Holdings 
       of the financial                     Plc of 2.5 pence each. 
       instrument                           Identification code: GB00BF044593 
---  -----------------------------------  ------------------------------------------ 
 b)   Nature of the                        Grant of conditional share award 
       transaction                          under the CLS Holdings plc Performance 
                                            Incentive Plan. 
---  -----------------------------------  ------------------------------------------ 
 c)   Price(s) and                         Price                Volume 
       volume(s)                            Nil                  56,466 
---  -----------------------------------  -------------------  --------------------- 
 d)   Currency                             GBP - British Pound 
---  -----------------------------------  ------------------------------------------ 
 e)   Aggregated                           N/A 
       information 
---  -----------------------------------  ------------------------------------------ 
 f)   Date of the                          7 March 2018 
       transaction 
---  -----------------------------------  ------------------------------------------ 
 g)   Place of the                         Outside a trading venue 
       transaction 
---  -----------------------------------  ------------------------------------------ 
 

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

Tel: +44 (0) 20 7582 7766

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFKFDQOBKDDNK

(END) Dow Jones Newswires

March 08, 2018 12:42 ET (17:42 GMT)

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