Director/PDMR Shareholding

RNS Number : 3794H

Clarkson PLC

26 May 2011

 



26 May 2011

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

This notification is made in accordance with DTR 3.1.2R and 3.1.4

On 25 May 2011 in fulfilment of 2010 bonus disclosed in the 2010 annual report, the following awards over ordinary shares in the Company were granted under the Clarkson PLC Long Term Incentive Plan (the "Plan") to Persons Discharging Managerial Responsibility ("PDMRs"). No consideration was paid for the grant of the awards.

The vesting of the awards is subject to continued employment and they will normally vest on 30 April 2015.

	Effective Date of Grant	Restricted Shares Issued	Vesting Date
Andi Case	25 May  2011	34,971	30 April 2015
Jeff Woyda	25 May  2011	7,461	30 April 2015
Martin Stopford	25 May  2011	4,197	30 April 2015

On 25 May 2011, the following awards over ordinary 25p shares in the Company were granted at nil cost under the Long Term Incentive Plan.

The vesting of these awards is subject to the fulfilment of certain performance conditions and continued employment of the directors and will normally vest on the third anniversary of grant.

                                                Award                    

Andi Case                             67,237                                  

Jeff Woyda                            30,562                                  

Martin Stopford                     27,506                                  

Following these awards the PDMRs' interest in the Company's share capital is as follows:

	Ordinary Shares	% of Issued Share Capital	Restricted Shares	% of Issued Share Capital	Performance Related Share Awards	Performance Related Options
Andi Case	285,294	1.50%	328,893	1.73%	285,151	25,000
Jeff Woyda	20,075	0.11%	32,092	0.17%	128,676	-
Martin Stopford	31,841	0.17%	12,869	0.07%	115,809	-

The company was informed of these transactions on 25 May 2011.

For further details contact:

Jeff Woyda

Finance Director

Clarkson PLC             Tel:  [phone]

 

END

 

 

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