Director / PDMR Shareholding

RNS Number : 8448W

TClarke PLC

28 April 2021

 

TClarke plc
("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that the following Executive Directors of the Company today received nil cost conditional share awards over ordinary shares of 10p each in Company ("Shares") pursuant to the vesting of awards granted on 25^th April 2018 under the TClarke plc Equity Incentive Plan ("EIP"), which vested in full on 25^th April 2021. The Executive Directors also received dividend equivalent shares on the Shares vesting in accordance with the rules of the EIP.

On the maturity of the awards, the tax and NI liabilities arising were net settled and a portion of the Shares were withheld for each of the recipients. The balance of Shares due to each recipient was then transferred into the recipients' names by the Trustee of the TClarke Employee Share Ownership Trust, as indicated below:

Director	Number of		Number of		Number of shares		Balance of shares
	shares vesting		dividend		withheld to meet		transferred to
			equivalent shares		tax liabilities		Director
Mark Lawrence	181,588		23,401		96,345		108,644
Mike Crowder	154,934		19,966		82,203		92,697
Trevor Mitchell	135,078		17,407		71,668		80,817

Formal notifications in respect of the Executive Directors are below: 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Mark Lawrence 2 Reaso n for thenotification a) Position/status Group Chief Executive Officer and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 108,644 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2021-04-27 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Mike Crowder 2 Reaso n for thenotification a) Position/status Group Managing Director and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 92,697 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2021-04-27 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Trevor Mitchell 2 Reaso n for thenotification a) Position/status Group Finance Director and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 80,817 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2021-04-27 f) Place ofthetransaction Outside a trading venue For further information contact: TClarke plc Mark Lawrence - Group Chief Executive Trevor Mitchell - Group Finance Director Tel: [phone] www.tclarke.co.uk Cenkos Securities plc (Corporate Broker) Max Hartley (Corporate Finance) Nick Searle (Sales) Tel: [phone] www.cenkos.com RMS Partners Simon Courtenay Tel: [phone]

28^th April 2021

 

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