Directors' Shareholdings & Total Voting Rights

RNS Number : 1969E
Robert Walters PLC
09 March 2022
 

9 March 2022

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings & Total Voting Rights

2021 Deferred bonus shares

The Company announces that the Executive Directors listed in the table below have deferred part of their respective annual bonuses for the financial year ended 31 December 2021 into ordinary shares of 20p each in the Company ("Ordinary Shares"), as required by the Company's Remuneration Policy. Accordingly, on 8 March 2021, the Executive Directors were awarded a conditional right to receive Ordinary Shares, payable in equal tranches at the end of 31 December 2022 and 31 December 2023. The number of Ordinary Shares deferred and net of tax, as shown below, was calculated by reference to the price of £5.70 per share, being the purchase price on 8 March 2022.

Directors

Deferred Ordinary Shares

Robert Walters

29,131

Alan Bannatyne

17,139

Total

46,270

 

The total of 46,270 Ordinary Shares were purchased by the Company on 8 March 2022 at the market price of £5.70 per share and will be held  until the dates of vesting, half at the end of 31 December 2022 and half at the end of 31 December 2023.

2022 PSP awards

The Company announces that the following awards were made to the Executive Directors under the 2014 Robert Walters Performance Share Plan on 8 March 2022:

Director

No. of Ordinary Shares awarded

Robert Walters

185,089

Alan Bannatyne

113,035

Total

298,124

 

The awards, which were made in the form of options at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.

 

 

 

Vesting of deferred bonus shares

The Company was informed on 8 March 2022 of the following dealings of Ordinary Shares pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020.

Directors

Total Deferred Ordinary Shares vested

Robert Walters

3,400

Alan Bannatyne

2,080

Total

5,480

 

Pursuant to instructions given by each of the Executive Directors, the full awards vested were sold on 8 March 2022 at a price of £5.70 per share.

 

2019 Performance Share Plan Scheme exercise

The Company announces that it was notified on 8 March 2022 of the following dealings by the Executive Directors listed in the table below.

Director

Number of PSP shares exercised

Number of PSP shares sold

Sale price (p)

Robert Walters

49,080

49,080

570p

Alan Bannatyne

29,967

29,967

570p

Total

79,047

79,047

570p

 

These dealings were pursuant to the vesting of awards under the 2014 Robert Walters Performance Share Plan Scheme ("PSP") on 8 March 2022.

Pursuant to instructions given by each of the Executive Directors, the awards were exercised and sold on 8 March 2022 upon the exercise of the Ordinary Shares for Robert Walters and Alan Bannatyne.

 



 

Directors' Shareholdings

There has been no change in the overall shareholdings of each of the Executive Directors as a result of the  transactions set out above and individual shareholdings before and after are set out below:

Director

Shareholding prior to this announcement

% holding  in Company

Shareholding after this announcement

% holding in Company

Robert Walters

2,235,963

2.92

2,235,963

2.92

Alan Bannatyne

699,283

0.91

699,283

0.91

 

Robert Walters plc's issued share capital now consists of 80,707,030 Ordinary Shares, of which 4,074,000 Ordinary Shares are held in treasury.

Therefore, the total number of voting rights in Robert Walters plc is 76,633,030, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FCA's Disclosure Guidance and Transparency Rules.

 

Further information

Robert Walters plc

Robert Walters, Chief Executive

Alan Bannatyne, Chief Financial Officer

 

+44 (0) 20 7379 3333

Williams Nicolson

Steffan Williams

 

+44 7767 345 563

www.robertwaltersgroup.com  

 

 



 

APPENDIX

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Walters

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2021 as announced on 9 March 2022

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

29,131





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

29,131 (deferred bonus)

£166,046.70

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

Outside of trading venue (XOFF)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Walters

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0

185,089





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

185,089 (psp)

0

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

Outside of trading venue (XOFF)

 

 

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Walters

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Sale of Ordinary Shares pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

3,400





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

3,400 (deferred bonus)

£19,380.00

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Walters

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Exercise and sale of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

49,080





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

49,080 (psp)

£279,756.00

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

London Stock Exchange, XLON

 

 

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Alan Bannatyne

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2021 as announced on 9 March 2022

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

17,139





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

17,139 (deferred bonus)

£97,692.30

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

Outside of trading venue (XOFF)

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Alan Bannatyne

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Grant of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0

113,035





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

113,035 (psp)

0

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

 Outside of trading venue (XOFF)

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Alan Bannatyne

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Sale of Ordinary Shares pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2019 as announced on 3 March 2020

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

2,080





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

2,080 (deferred bonus)

£11,856.00

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

London Stock Exchange, XLON

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Alan Bannatyne

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Exercise and sale of Ordinary Shares under the 2014 Robert Walters Performance Share Plan Scheme

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



570p

29,967





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

29,967 (psp)

£170,811.90

(f)

Date of the transaction

8 March 2022

(g)

Place of the transaction

London Stock Exchange, XLON

 

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