Information  X 
Enter a valid email address

Clarkson PLC (CKN)

  Print          Annual reports

Wednesday 20 April, 2022

Clarkson PLC

Director/PDMR Shareholding

RNS Number : 8089I
Clarkson PLC
20 April 2022
 

 

 

CLARKSON PLC

("the Company")

 

20 April 2022

Director/PDMR Shareholdings

The Company makes the following notifications in accordance with the UK Market Abuse Regulation.

 

Acquisition of shares

On 19 April 2022, the following Executive Directors acquired ordinary shares of 25p each in the Company pursuant to the exercise of a vested performance-related nil-cost option granted under the Clarkson PLC 2014 Long Term Incentive Plan (the "Plan") on 18 April 2019.

 

Director

Ordinary shares acquired on vesting

Shares sold at £34.45 per ordinary share to cover tax liabilities

Ordinary shares retained from vesting

Mr Andi Case

34,854

16,818

18,036

Mr Jeff Woyda

22,179

10,702

11,477

 

Grant of Deferred Share Awards

Also on 19 April 2022, in fulfilment of the 10% deferred element of the 2021 bonus, as disclosed in the 2021 annual report, the following Deferred Share Awards over ordinary shares of 25p each in the Company were granted under the Plan to Executive Directors of the Company.

 

The vesting of these awards is subject to continued employment and they will normally vest on 19 April 2026.

 

Director

Mr Andi Case

13,495

Restricted shares

Mr Jeff Woyda

3,490

Restricted shares

 

Grant of Performance Awards

Also on 19 April 2022, the following Performance Awards over ordinary shares of 25p each in the Company were granted under the Plan, as disclosed in the 2021 annual report.

 

Vesting of these awards is subject to the fulfilment of certain performance conditions over a three-year period and continued employment, followed by a two-year holding period.

 

Director

Mr Andi Case

23,557

Nil-cost option

Mr Jeff Woyda

14,991

Nil-cost option

 

Following the above transactions, which are detailed in the attached PDMR Notification Dealing Forms, the Directors' interests in the Company's share capital is as follows:

 

Director

Ordinary shares

% of issued share capital

Restricted shares

% of issued share capital

Performance-related options

SAYE options

% of

issued

share capital

Mr Andi Case

551,348

1.81%

50,579

0.17%

86,484

-

0.28%

Mr Jeff Woyda

101,441

0.33%

13,014

0.04%

55,034

572

0.18%

 

 

Company enquiries:

Deborah Abrehart

Company Secretary

 

Tel: +44(0)20 7334 3185

 

Camarco:

Billy Clegg

Jennifer Renwick

 

Tel: +44(0)20 3757 4983 / 4994

 

 

About Clarkson PLC

 

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.

The Group employs over 1,600 people in 52 different offices across its four divisions and is number one or two in all its market segments.

The Company has delivered 19 years of consecutive dividend growth. The highly cash-generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com .

 

PDMR DEALING NOTIFICATION TEMPLATE

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andi Leigh Case

 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Exercise of Performance Award (granted as a nil-cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.

 

Date of grant

Shares acquired on exercise

Shares sold to cover taxes

Shares retained

18 April 2019

34,854

16,818

18,036

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£34.45

16,818

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jeffrey David Woyda

 

2

Reason for the notification

a)

Position/status

Chief Financial Officer & Chief Operating Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Exercise of Performance Award (granted as a nil-cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.

 

Date of grant

Shares acquired on exercise

Shares sold to cover taxes

Shares retained

18 April 2019

22,179

10,702

11,477

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£34.45

10,702

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

PDMR DEALING NOTIFICATION TEMPLATE

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andi Leigh Case

 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Grant of Deferred Share Award (restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan in respect of deferred bonus.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£35.02

13,495

 

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jeffrey David Woyda

 

2

Reason for the notification

a)

Position/status

Chief Financial Officer & Chief Operating Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Grant of Deferred Share Award (restricted shares) under the Clarkson PLC 2014 Long Term Incentive Plan in respect of deferred bonus.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£35.02

3,490

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

PDMR DEALING NOTIFICATION TEMPLATE

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andi Leigh Case

 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Grant of Performance Award (in the form of a nil-cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£35.02

23,557

 

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jeffrey David Woyda

 

2

Reason for the notification

a)

Position/status

Chief Financial Officer & Chief Operating Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Clarkson PLC

b)

Legal Entity Identifier

2138007G6BGTEHI3OT22

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, type of instrument

Ordinary shares of 25p each in Clarkson PLC

Identification code

GB0002018363

b)

Nature of the transaction

Grant of Performance Award (in the form of a nil-cost option) under the Clarkson PLC 2014 Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£35.02

14,991

 

d)

Aggregated information

Not applicable - single transaction

- Aggregated volume

- Price

e)

Date of the transaction

19 April 2022

f)

Place of the transaction

Outside a trading venue

 

 

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 [email protected] 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
 
 
DSHPPUCPCUPPGQU

a d v e r t i s e m e n t