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REG - Clarkson PLC - Director/PDMR Shareholding

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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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