Directors' Shareholdings & Total Voting Rights

RNS Number : 7901S
Robert Walters PLC
13 March 2023
 

13 March 2023

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings & Total Voting Rights

2022 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 2022 into ordinary shares of 20p each in the Company ("Ordinary Shares"), as required by the Company's Remuneration Policy. Accordingly, on 10 March 2023, the Executive Directors were awarded a conditional right to receive Ordinary Shares, payable in equal tranches at the end of 31 December 2023 and 31 December 2024. The number of Ordinary Shares deferred and net of tax, as shown below, was calculated by reference to the price of £5.20 per share, being the purchase price on 10 March 2023.

Directors

Deferred Ordinary Shares

Robert Walters

20,971

Alan Bannatyne

12,006

Total

32,977

 

The total of 32,977 Ordinary Shares were purchased by the Company on 10 March 2023 at the market price of £5.20 per share and will be held until the dates of vesting, half at the end of 31 December 2023 and half at the end of 31 December 2024.

2023 PSP awards

The Company announces that the following awards were made to the Executive Directors under the 2014 Robert Walters Performance Share Plan on 10 March 2023:

Director

No. of Ordinary Shares awarded

Alan Bannatyne

153,282

Total

153,282

 

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 10 March 2023 of the following transfers 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 2021 as announced on 9 March 2022.

Directors

Total Deferred Ordinary Shares vested

Robert Walters

14,565

Alan Bannatyne

8,570

Total

23,135

 

 

Directors' Shareholdings

There has therefore been an increase 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

2.98

2,250,528

3.00

Alan Bannatyne

699,283

0.93

707,853

0.94

 

Robert Walters plc's issued share capital now consists of 78,928,095 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 74,854,095, 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 2022 as announced on 10 March 2023

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



520p

20,971





(e)

Aggregated information

-  Aggregated volume

-   Price

 

20,971 (deferred bonus)

£109,049.20

(f)

Date of the transaction

10 March 2023

(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

Transfer 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 2021 as announced on 9 March 2022

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

14,565





(e)

Aggregated information

-  Aggregated volume

-   Price

 

14,565 (deferred bonus)

£0.00

(f)

Date of the transaction

10 March 2023

(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

Award of Ordinary Shares as deferred part of the Executive Directors' respective bonuses for the financial year ended 31 December 2022 as announced on 10 March 2023

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



520p

12,006





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

12,006 (deferred bonus)

£62,431.20

(f)

Date of the transaction

10 March 2023

(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

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

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0

153,282





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

153,282 (psp)

0

(f)

Date of the transaction

10 March 2023

(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

Transfer 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 2021 as announced on 9 March 2022

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

8,570





(e)

Aggregated information

-  Aggregated volume

-   Price

 

 

8,570 (deferred bonus)

£0.00

(f)

Date of the transaction

10 March 2023

(g)

Place of the transaction

Outside of trading venue (XOFF)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFLSVVIVLIV
UK 100

Latest directors dealings