TIDMCLG
RNS Number : 1143L
Clipper Logistics plc
08 January 2021
Clipper Logistics plc
("Clipper" or the "Company")
Grant of share awards and options
Clipper Logistics plc announces that the following share awards
were made on 8 January 2021 under the Company's Performance Share
Plan:
Conditional awards of nil-cost options over a total of 425,008
Ordinary Shares of 0.05 pence each ("shares") were granted to 13
employees, pursuant to the Company's Performance Share Plan
("PSP"). Any vesting of the PSP awards is subject to performance
conditions relating to growth in diluted earnings per share
("EPS"), relative Total Shareholder Return ("TSR") and a basket of
ESG measures. The period during which the PSP awards will be
exercisable is 8/01/2024 - 8/01/2031, with the exception of the PSP
awards granted to the three Executive Directors (Steven Parkin,
Antony Mannix and David Hodkin) plus the three remaining members of
the Executive Committee, whose PSP awards are subject to a two year
holding period, and as such will be exercisable during the period
8/01/2026 - 8/01/2031.
Included in the 13 employees, the below PDMRs (Person
Discharging Managerial Responsibilities) received PSP awards of
options:
Name Title Number of Ordinary Total number of Ordinary
Shares granted(1) Shares over which PSP
options held following
notification
Steven Parkin Executive Chairman 104,179 507,360
-------------------- ------------------- ------------------------
Antony Mannix CEO 71,346 315,436
-------------------- ------------------- ------------------------
David Hodkin CFO 56,353 250,443
-------------------- ------------------- ------------------------
Stefan van
Hoof Managing Director 42,856 42,856
-------------------- ------------------- ------------------------
Roger Peel Managing Director 10,340 35,167
-------------------- ------------------- ------------------------
Richard Costello Managing Director 12,494 42,493
-------------------- ------------------- ------------------------
1. In line with the Company's Directors' Remuneration Policy
approved at the 2020 AGM, the PSP options granted under this PSP
award to Steven Parkin and David Hodkin may only be settled in cash
upon vesting, subject to a cap of 150% of current base salary.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Steven Parkin
------------------------- -------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status Executive Chairman
------------------------- -------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------------- -------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------------- -------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------------- -------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------------- -------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction (subject to cash settlement)
------------------------- -------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 104,179
----------
------------------------- -------------------------------------------------
d) Aggregated N/A - single transaction
information
* Aggregated volume
* Price
------------------------- -------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------------- -------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------------- -------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Antony Mannix
------------------- --------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status CEO
------------------- --------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------- --------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------- --------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------- --------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction
------------------- --------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 71,346
----------
------------------- --------------------------------------------------
d) Aggregated N/A - single transaction
information
- Aggregated
volume
- Price
------------------- --------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------- --------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------- --------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name David Hodkin
------------------- --------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status CFO
------------------- --------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------- --------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------- --------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------- --------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction (subject to cash settlement)
------------------- --------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 56,353
----------
------------------- --------------------------------------------------
d) Aggregated N/A - single transaction
information
- Aggregated
volume
- Price
------------------- --------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------- --------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------- --------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Stefan van Hoof
------------------- --------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Subsidiary Managing Director
------------------- --------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------- --------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------- --------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------- --------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction
------------------- --------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 42,856
----------
------------------- --------------------------------------------------
d) Aggregated N/A - single transaction
information
- Aggregated
volume
- Price
------------------- --------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------- --------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------- --------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Roger Peel
------------------- --------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Subsidiary Managing Director
------------------- --------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------- --------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------- --------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------- --------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction
------------------- --------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 10,340
----------
------------------- --------------------------------------------------
d) Aggregated N/A - single transaction
information
- Aggregated
volume
* Price
------------------- --------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------- --------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------- --------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Richard Costello
------------------- --------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Subsidiary Managing Director
------------------- --------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Clipper Logistics plc
------------------- --------------------------------------------------
b) LEI 213800H9ZTUCXHVD1E79
------------------- --------------------------------------------------
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 Ordinary Shares of 0.05p
of the financial GB00BMMV6B79
instrument,
type of
instrument
Identification
code
------------------- --------------------------------------------------
b) Nature of Grant of conditional shares in the Company's PSP
the transaction
------------------- --------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) N/A 12,494
----------
------------------- --------------------------------------------------
d) Aggregated N/A - single transaction
information
- Aggregated
volume
- Price
------------------- --------------------------------------------------
e) Date of 8 January 2021
the transaction
------------------- --------------------------------------------------
f) Place of Outside a trading venue
the transaction
------------------- --------------------------------------------------
ENQUIRIES
Clipper: +44 (0)113 204 2050
Steve Parkin, Executive Chairman
Tony Mannix, Chief Executive Officer
David Hodkin, Chief Financial Officer
Public Relations Advisers:
Buchanan: +44 (0) 20 7466 5000
David Rydell
Stephanie Watson
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END
DSHSSUFDAEFSEIF
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January 08, 2021 09:02 ET (14:02 GMT)
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