Director/PDMR Shareholding

RNS Number : 3582J

Clarkson PLC

11 June 2014

 



11 June 2014

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

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

On 5 June 2014 in fulfilment of the restricted share element of the 2013 bonus, as disclosed in the 2013 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 5 June 2018.

Executive Director	Number of restricted shares granted
Andi Case	9,924
Jeff Woyda	2,117

On 5 June 2014, 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                             31,682                                  

Jeff Woyda                            14,400                                  

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	% of Issued Share Capital
Andi Case	559,085	2.94%	87,239	0.45%	339,640	1.78%
Jeff Woyda	73,977	0.38%	18,608	0.1%	81,213	0.42%

The Company was informed of these transactions on 11 June 2014.     

For further details contact:

Penny Watson

Company Secretary

Clarkson PLC                        Tel:  [phone]

 

END

 

 

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