Director/PDMR Shareholding

RNS Number : 9038K

Clarkson PLC

21 April 2015

 



21 April 2015

CLARKSON PLC

("the Company")

Director/PDMR Shareholdings

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

On 17 April 2015 in fulfilment of the share element of the 2014 bonus, as disclosed in the 2014 annual report, the following share awards over ordinary shares of 25p each in the Company were granted under the Clarkson PLC 2014 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 share awards is subject to continued employment and they will normally vest on 17 April 2019.

Executive Director	Number of shares granted	Form of award
Andi Case	15,233	Restricted shares
Jeff Woyda	3,249	Restricted shares
Peter M. Anker	2,667	Conditional award

On 17 April 2015 performance awards were granted under the Plan to the following Executive Directors:

Executive Director	Number of shares granted	Form of award
Andi Case	36,748	Nil cost option
Jeff Woyda	16,703	Nil cost option

The performance awards will normally vest on 16 April 2018, subject to the Executives' continued employment and the satisfaction of performance conditions set by the Remuneration Committee.  To the extent that the performance awards structured as nil cost options vest, they will be exercisable until 16 April 2025.  No consideration was paid for the grant of the performance awards.

Following the grant of the above 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	Conditional award	% of Issued Share Capital	Performance Related Options	% of Issued Share Capital
Andi Case	559,085	1.9%	102,472	0.34%	-	-	357,170	1.19%
Jeff Woyda	73,977	0.2%	21,857	0.07%	-	-	89,181	0.30%
Peter M. Anker*	508,977	1.7%	-	-	2,667	0.008%	-	-
* The interest in these ordinary shares is held by Langebru AS, which is entirely owned by Peter M Anker and Mrs H Anker.

The Company was informed of these transactions on 17 April 2015.

For further details contact:

Penny Watson

Company Secretary

Clarkson PLC             Tel:  [phone]

 

END

 

 

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