Director/PDMR Shareholding

RNS Number : 6100E

Clarkson PLC

13 May 2013

 



13 May 2013

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

This notification is made in accordance with DTR 3.1.4(1).

On 10 May 2013 in fulfilment of the restricted share element of the 2012 bonus, as disclosed in the 2012 annual report, the following awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC Long Term Incentive Plan (the "Plan") to Executive Directors of the Company. No consideration was paid for the grant of the awards.

The vesting of the restricted share awards is subject to continued employment and they will normally vest on 30 April 2017.

Executive Director	Number of restricted shares granted
Andi Case	13,103
Jeff Woyda	2,795

On 10 May 2013, the following options over ordinary shares in the Company were granted at nil cost under the Plan.

The vesting of these options is subject to the fulfilment of certain performance conditions and continued employment of the directors.  If these conditions are met, these options will normally vest and become exercisable on the later of the third anniversary of grant and the fulfilment of the relevant performance conditions.

                                                Award                    

Andi Case                             51,434                                  

Jeff Woyda                            23,379                                  

Following the grant of these awards the Executive Directors' interest in the Company's share capital is as follows:

	Ordinary Shares	% of Issued Share Capital	Restricted Shares	% of Issued Share Capital	Performance Related Options
Andi Case	544,972	2.9%	104,004	0.5%	341,577
Jeff Woyda	38,280	0.2%	22,185	0.1%	143,904

The Company was informed of these transactions on 10 May 2013.

For further details contact:

Nicholas Bucksey

Company Secretary

Clarkson PLC             Tel:  [phone]

 

END

 

 

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