CLS Holdings PLC Director/PDMR Shareholding (8810N)

TIDMCLI

RNS Number : 8810N

CLS Holdings PLC

11 May 2018

LEI: 213800A357TKB2TD9U78

CLS Holdings plc

(the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") or Persons Closely Associated with them

The Company announces that it was notified on 11 May 2018 that, on that date, Bengt Mortstedt, Non-Executive Director of the Company, sold 1,500,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") to The Sten and Karin Mortstedt Family & Charity Trust (the "Trust"), established by Sten Mortstedt, Executive Director of the Company, for 240.00 pence per Ordinary Share.

Following this transaction, Mr Bengt Mortstedt's interest in the number of Ordinary Shares, is 26,572,550 Ordinary Shares (6.52%).

Following this transaction, Mr Sten Mortstedt's interest in the number of Ordinary Shares, including those held in Trust, is 209,348,740 Ordinary Shares (51.39%).

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

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

Notification of Dealing Form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------- 
 a)   Name(s)                          Mr Bengt Mortstedt 
---  -------------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------- 
 a)   Position/status                  Non-Executive Director 
---  -------------------------------  ---------------------------------- 
 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                    Sale of 1,500,000 Ordinary 
       transaction                      Shares. 
---  -------------------------------  ---------------------------------- 
 c)   Price(s) and                     Price               Volume 
       volume(s) 
 
                                        240.0 pence         1,500,000 
---  -------------------------------  ------------------  -------------- 
 d)   Currency 
                                         GBP - British Pound 
---  -------------------------------  ---------------------------------- 
 e)   Aggregated 
       information                       N/A - single transaction 
---  -------------------------------  ---------------------------------- 
 f)   Date of the                      11 May 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)                          The Sten and Karin Mortstedt 
                                        Family & Charity Trust 
---  -------------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status                  Person Closely Associated with 
                                        Sten Mortstedt (Executive Director 
                                        of the Company) 
---  -------------------------------  -------------------------------------- 
 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                    Purchase of 1,500,000 Ordinary 
       transaction                      Shares. 
---  -------------------------------  -------------------------------------- 
 c)   Price(s) and                     Price                 Volume 
       volume(s) 
 
                                        240.0 pence           1,500,000 
---  -------------------------------  --------------------  ---------------- 
 d)   Currency 
                                         GBP - British Pound 
---  -------------------------------  -------------------------------------- 
 e)   Aggregated 
       information                       N/A - single transaction 
---  -------------------------------  -------------------------------------- 
 f)   Date of the                      11 May 2018 
       transaction 
---  -------------------------------  -------------------------------------- 
 g)   Place of the                     Outside a trading venue 
       transaction 
---  -------------------------------  -------------------------------------- 
 

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

020 7582 7766

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFKDDDABKDCPD

(END) Dow Jones Newswires

May 11, 2018 12:21 ET (16:21 GMT)