Director/PDMR Shareholding

RNS Number : 2116D

Clarkson PLC

11 May 2012

 



11 May 2012

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

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

On 11 May 2012 in fulfilment of the restricted share element of the 2011 bonus, as disclosed in the 2011 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 2016.

Executive Director	Number of restricted shares granted
Andi Case	29,241
Jeff Woyda	6,235

On 11 May 2012, 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                             61,937                                  

Jeff Woyda                            28,153                                  

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 Share Awards	Performance Related Options
Andi Case	514,805	2.7%	148,134	0.8%	243,800	86,937
Jeff Woyda	28,299	0.1%	38,327	0.2%	110,824	28,153

The Company was informed of these transactions on 11 May 2012.

For further details contact:

Jeff Woyda

Finance Director

Clarkson PLC             Tel:  [phone]

 

END

 

 

RDSGGUMGAUPPGAG