TIDMCKN
RNS Number : 1091X
Clarkson PLC
21 April 2023
CLARKSON PLC
("the Company")
21 April 2023
Director/PDMR Shareholdings
The Company makes the following notifications in accordance with
the UK Market Abuse Regulation.
Vesting of Deferred Share Awards
The Company announces that, on 18 April 2023, the Deferred Share
Awards granted on 18 April 2019 under the Clarkson PLC 2014 Long
Term Incentive Plan (the 'Plan') vested following the end of a
four-year deferral period. The following Executive Directors
acquired ordinary shares of 25p each in the Company in connection
with the vesting and sold part of their acquired shares to fund tax
liabilities arising from the vesting.
Director Ordinary shares Shares sold Ordinary shares
acquired on at GBP30.85 retained from
vesting per ordinary vesting
share to cover
tax liabilities
Mr Andi Case 8,951 4,207 4,744
---------------- ----------------- ----------------
Mr Jeff Woyda 2,314 1,088 1,226
---------------- ----------------- ----------------
Grant of Deferred Share Awards
On 20 April 2023, in fulfilment of the 10% deferred element of
the 2022 bonus, as disclosed in the 2022 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 20 April 2027.
Director Number of shares Form of award
under award
Mr Andi Case 27,305 Restricted shares
----------------- ------------------
Mr Jeff Woyda 7,061 Restricted shares
----------------- ------------------
Grant of Performance Awards
Also on 20 April 2023, the following Performance Awards over
ordinary shares of 25p each in the Company were granted under the
Plan, as disclosed in the 2022 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 Number of shares Form of award
under award
Mr Andi Case 26,829 Nil-cost option
----------------- ----------------
Mr Jeff Woyda 17,073 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 % of Restricted % of Performance-related SAYE % of
shares issued shares issued options options issued
share share share
capital capital capital
--------- ----------- -------------------- ---------
Mr Andi Case 561,217 1.83% 59,005 0.19% 113,313 - 0.37%
--------- --------- ----------- --------- -------------------- --------- ---------
Mr Jeff Woyda 103,959 0.34% 15,258 0.05% 72,107 572 0.24%
--------- --------- ----------- --------- -------------------- --------- ---------
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 1,800 people in 56 different offices
across its four divisions and is number one or two in all its
market segments.
The Company has delivered 20 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
Details of the person discharging managerial responsibilities/person
1 closely associated
-------------------------------------------------------------------------------------------
a) Name Andi Leigh Case
---------------------------------------- -------------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------------- -------------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------------- -------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------
a) Name Clarkson PLC
---------------------------------------- -------------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
---------------------------------------- -------------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 25p each in Clarkson PLC
of the financial
instrument,
type of instrument
---------------------------------------- -------------------------------------------------
Identification GB0002018363
code
---------------------------------------- -------------------------------------------------
b) Nature of the Vesting of Deferred Share Award (granted
transaction as restricted shares) under the Clarkson
PLC 2014 Long Term Incentive Plan.
Number of shares vested: 8,951 Sold to cover
tax: 4,207 Retained: 4,744
---------------------------------------- -------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---------------------------------------- ------------------------ -----------------------
GBP30.85 4,207
------------------------------------------------------------------------ -----------------------
d) Aggregated information Not applicable - single transaction
---------------------------------------- -------------------------------------------------
- Aggregated
volume
------------------------------------------------------------------ ----- -----------------------
- Price
------------------------------------------------------------------ ----- -----------------------
e) Date of the 18 April 2023
transaction
---------------------------------------- -------------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------------------- -------------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Jeffrey David Woyda
---------------------------------------- -------------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer & Chief Operating
Officer
---------------------------------------- -------------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------------- -------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------
a) Name Clarkson PLC
---------------------------------------- -------------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
---------------------------------------- -------------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary shares of 25p each in Clarkson PLC
the financial
instrument, type
of instrument
---------------------------------------- -------------------------------------------------
Identification GB0002018363
code
---------------------------------------- -------------------------------------------------
b) Nature of the Vesting of Deferred Share Award (granted as
transaction restricted shares) under the Clarkson PLC
2014 Long Term Incentive Plan.
Number of shares vested: 2,314 Sold to cover
tax: 1,088 Retained: 1,226
---------------------------------------- -------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---------------------------------------- ----------------------- ------------------------
GBP30.85 1,088
--------------------------------------------------------------------- ------------------------
d) Aggregated information Not applicable - single transaction
---------------------------------------- -------------------------------------------------
- Aggregated
volume
----------------------------------------------------------------- --- ------------------------
- Price
----------------------------------------------------------------- --- ------------------------
e) Date of the transaction 18 April 2023
---------------------------------------- -------------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------------------- -------------------------------------------------
PDMR DEALING NOTIFICATION TEMPLATE
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of the person discharging managerial responsibilities/person
1 closely associated
-----------------------------------------------------------------------------------------
a) Name Andi Leigh Case
---------------------------------------- -----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------
a) Name Clarkson PLC
---------------------------------------- -----------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
---------------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 25p each in Clarkson PLC
of the financial
instrument,
type of instrument
---------------------------------------- -----------------------------------------------
Identification GB0002018363
code
---------------------------------------- -----------------------------------------------
b) Nature of the Grant of Deferred Share Award (restricted
transaction shares) under the Clarkson PLC 2014 Long
Term Incentive Plan in respect of deferred
bonus.
---------------------------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---------------------------------------- ----------------------- ----------------------
GBP30.75 27,305
----------------------------------------------------------------------- ----------------------
d) Aggregated information Not applicable - single transaction
---------------------------------------- -----------------------------------------------
- Aggregated
volume
----------------------------------------------------------------- ----- ----------------------
- Price
----------------------------------------------------------------- ----- ----------------------
e) Date of the 20 April 2023
transaction
---------------------------------------- -----------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------------------- -----------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Jeffrey David Woyda
--------------------------------------- -----------------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer & Chief Operating
Officer
--------------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------------
a) Name Clarkson PLC
--------------------------------------- -----------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
--------------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary shares of 25p each in Clarkson PLC
of the financial
instrument,
type of instrument
--------------------------------------- -----------------------------------------------
Identification GB0002018363
code
--------------------------------------- -----------------------------------------------
b) Nature of the Grant of Deferred Share Award (restricted
transaction shares) under the Clarkson PLC 2014 Long
Term Incentive Plan in respect of deferred
bonus.
--------------------------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
--------------------------------------- ----------------------- ----------------------
GBP30.75 7,061
-------------------------------------------------------------------- ----------------------
d) Aggregated information Not applicable - single transaction
--------------------------------------- -----------------------------------------------
- Aggregated
volume
---------------------------------------------------------------- --- ----------------------
- Price
---------------------------------------------------------------- --- ----------------------
e) Date of the 20 April 2023
transaction
--------------------------------------- -----------------------------------------------
f) Place of the Outside a trading venue
transaction
--------------------------------------- -----------------------------------------------
PDMR DEALING NOTIFICATION TEMPLATE
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of the person discharging managerial responsibilities/person
1 closely associated
-----------------------------------------------------------------------------------------
a) Name Andi Leigh Case
---------------------------------------- -----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------
a) Name Clarkson PLC
---------------------------------------- -----------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
---------------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary shares of 25p each in Clarkson PLC
the financial
instrument, type
of instrument
---------------------------------------- -----------------------------------------------
Identification GB0002018363
code
---------------------------------------- -----------------------------------------------
b) Nature of the Grant of Performance Award (in the form of
transaction a nil-cost option) under the Clarkson PLC
2014 Long Term Incentive Plan.
---------------------------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---------------------------------------- ----------------------- ----------------------
GBP30.75 26,829
----------------------------------------------------------------------- ----------------------
d) Aggregated information Not applicable - single transaction
---------------------------------------- -----------------------------------------------
- Aggregated
volume
----------------------------------------------------------------- ----- ----------------------
- Price
----------------------------------------------------------------- ----- ----------------------
e) Date of the transaction 20 April 2023
---------------------------------------- -----------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------------------- -----------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Jeffrey David Woyda
---------------------------------------- -----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------------
a) Position/status Chief Financial Officer & Chief Operating
Officer
---------------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------------- -----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------
a) Name Clarkson PLC
---------------------------------------- -----------------------------------------------
b) Legal Entity 2138007G6BGTEHI3OT22
Identifier
---------------------------------------- -----------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary shares of 25p each in Clarkson PLC
the financial
instrument, type
of instrument
---------------------------------------- -----------------------------------------------
Identification GB0002018363
code
---------------------------------------- -----------------------------------------------
b) Nature of the Grant of Performance Award (in the form of
transaction a nil-cost option) under the Clarkson PLC
2014 Long Term Incentive Plan.
---------------------------------------- -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
---------------------------------------- ---------------------- -----------------------
GBP30.75 17,073
-------------------------------------------------------------------- -----------------------
d) Aggregated information Not applicable - single transaction
---------------------------------------- -----------------------------------------------
- Aggregated
volume
---------------------------------------------------------------- --- -----------------------
- Price
---------------------------------------------------------------- --- -----------------------
e) Date of the transaction 20 April 2023
---------------------------------------- -----------------------------------------------
f) Place of the Outside a trading venue
transaction
---------------------------------------- -----------------------------------------------
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END
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