Director/PDMR Shareholding

RNS Number : 1904H

CLS Holdings PLC

08 March 2018

 

LEI: 213800A357TKB2TD9U78

CLS Holdings plc

(the "Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") or Persons Closely Associated with them

The Company announces that it was notified on 8 March 2018 that, on that date, Henry Klotz, Executive Chairman and Director of the Company, sold 107,000 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") to The Sten and Karin Mortstedt Family & Charity Trust (the "Trust"), established by Sten Mortstedt, Executive Director of the Company, for 244.21 pence per Ordinary Share.

Following this transaction, Mr Klotz's interest in the number of Ordinary Shares, is 450,630 Ordinary Shares (0.11%).

Following this transaction, Mr Mortstedt's interest in the number of Ordinary Shares, including those held in Trust, is 207,848,740 Ordinary Shares (51.02%).

The Notification of Dealing Form, which provides further details, can be found below.

The notification is made in accordance with the EU Market Abuse Regulation.

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Henry Klotz
2	Reason for the notification
a)	Position/status	Executive Chairman
b)	Initial notification/amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CLS Holdings plc
b)	LEI	213800A357TKB2TD9U78
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code:	Ordinary Shares of CLS Holdings Plc of 2.5 pence each. GB00BF044593
b)	Nature of the transaction	Sale of 107,000 Ordinary Shares.
c)	Price(s) and volume(s)	Price 244.21 pence	Volume 107,000
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A - single transaction
f)	Date of the transaction	8 March 2018
g)	Place of the transaction	Outside a trading venue

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	The Sten and Karin Mortstedt Family & Charity Trust
2	Reason for the notification
a)	Position/status	Person Closely Associated with Sten Mortstedt (Executive Director of the Company)
b)	Initial notification/amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	CLS Holdings plc
b)	LEI	213800A357TKB2TD9U78
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Ordinary Shares of CLS Holdings Plc of 2.5 pence each. Identification code: GB00BF044593
b)	Nature of the transaction	Purchase of 107,000 Ordinary Shares.
c)	Price(s) and volume(s)	Price 244.21 pence	Volume 107,000
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A - single transaction
f)	Date of the transaction	8 March 2018
g)	Place of the transaction	Outside a trading venue

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc 

020 7582 7766

 

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