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RNS Number : 8089I Clarkson PLC 20 April 2022
CLARKSON PLC
("the Company")
20 April 2022
Director/PDMR Shareholdings
The Company makes the following notifications in accordance with the UK Market
Abuse Regulation.
Acquisition of shares
On 19 April 2022, the following Executive Directors acquired ordinary shares
of 25p each in the Company pursuant to the exercise of a vested
performance-related nil-cost option granted under the Clarkson PLC 2014 Long
Term Incentive Plan (the "Plan") on 18 April 2019.
Director Ordinary shares acquired on vesting Shares sold at £34.45 per ordinary share to cover tax liabilities Ordinary shares retained from vesting
Mr Andi Case 34,854 16,818 18,036
Mr Jeff Woyda 22,179 10,702 11,477
Grant of Deferred Share Awards
Also on 19 April 2022, in fulfilment of the 10% deferred element of the 2021
bonus, as disclosed in the 2021 annual report, the following Deferred Share
Awards over ordinary shares of 25p each in the Company were granted under the
Plan to Executive Directors of the Company.
The vesting of these awards is subject to continued employment and they will
normally vest on 19 April 2026.
Director Number of shares under award Form of award
Mr Andi Case 13,495 Restricted shares
Mr Jeff Woyda 3,490 Restricted shares
Grant of Performance Awards
Also on 19 April 2022, the following Performance Awards over ordinary shares
of 25p each in the Company were granted under the Plan, as disclosed in the
2021 annual report.
Vesting of these awards is subject to the fulfilment of certain performance
conditions over a three-year period and continued employment, followed by a
two-year holding period.
Director Number of shares under award Form of award
Mr Andi Case 23,557 Nil-cost option
Mr Jeff Woyda 14,991 Nil-cost option
Following the above transactions, which are detailed in the attached PDMR
Notification Dealing Forms, the Directors' interests in the Company's share
capital is as follows:
Director Ordinary shares % of issued share capital Restricted shares % of issued share capital Performance-related options SAYE options % of
issued
share capital
Mr Andi Case 551,348 1.81% 50,579 0.17% 86,484 - 0.28%
Mr Jeff Woyda 101,441 0.33% 13,014 0.04% 55,034 572 0.18%
Company enquiries:
Deborah Abrehart
Company Secretary
Tel: +44(0)20 7334 3185
Camarco:
Billy Clegg
Jennifer Renwick
Tel: +44(0)20 3757 4983 / 4994
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 52 different offices across its four
divisions and is number one or two in all its market segments.
The Company has delivered 19 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 opportunities 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 Andi Leigh Case
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 Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Exercise of Performance Award (granted as a nil-cost option) under the
Clarkson PLC 2014 Long Term Incentive Plan.
Date of grant Shares acquired on exercise Shares sold to cover taxes Shares retained
18 April 2019 34,854 16,818 18,036
c) Price(s) and volume(s) Price(s) Volume(s)
£34.45 16,818
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£34.45
16,818
d)
Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e)
Date of the transaction
19 April 2022
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jeffrey David Woyda
2 Reason for the notification
a) Position/status Chief Financial Officer & Chief Operating Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Exercise of Performance Award (granted as a nil-cost option) under the
Clarkson PLC 2014 Long Term Incentive Plan.
Date of grant Shares acquired on exercise Shares sold to cover taxes Shares retained
18 April 2019 22,179 10,702 11,477
c) Price(s) and volume(s) Price(s) Volume(s)
£34.45 10,702
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£34.45
10,702
d)
Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e)
Date of the transaction
19 April 2022
f)
Place of the transaction
Outside a trading venue
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 Andi Leigh Case
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 Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Grant of Deferred Share Award (restricted shares) under the Clarkson PLC 2014
Long Term Incentive Plan in respect of deferred bonus.
c) Price(s) and volume(s) Price(s) Volume(s)
£35.02 13,495
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jeffrey David Woyda
2 Reason for the notification
a) Position/status Chief Financial Officer & Chief Operating Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Grant of Deferred Share Award (restricted shares) under the Clarkson PLC 2014
Long Term Incentive Plan in respect of deferred bonus.
c) Price(s) and volume(s) Price(s) Volume(s)
£35.02 3,490
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
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 Andi Leigh Case
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 Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Grant of Performance Award (in the form of a nil-cost option) under the
Clarkson PLC 2014 Long Term Incentive Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£35.02 23,557
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jeffrey David Woyda
2 Reason for the notification
a) Position/status Chief Financial Officer & Chief Operating Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Clarkson PLC
b) Legal Entity Identifier 2138007G6BGTEHI3OT22
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 the financial instrument, type of instrument Ordinary shares of 25p each in Clarkson PLC
Identification code GB0002018363
b) Nature of the transaction Grant of Performance Award (in the form of a nil-cost option) under the
Clarkson PLC 2014 Long Term Incentive Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£35.02 14,991
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 19 April 2022
f) Place of the transaction Outside a trading venue
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