TIDMCLI

RNS Number : 1502C

CLS Holdings PLC

08 June 2023

CLS Holdings plc

(the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR")

CLS Holdings plc Long Term Incentive Plan ("LTIP")

CLS Holdings plc announces that on 7 June 2023 following the vesting on 19 May 2023 of nil cost options granted to them on 13 May 2020 ("2020 LTIP Awards") under the LTIP, Fredrik Widlund, Chief Executive Officer and Director of the Company, and Andrew Kirkman, Chief Financial Officer and Director of the Company, exercised their 2020 LTIP Awards over the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below. On 7 June 2023, Mr Widlund and Mr Kirkman disposed of the number of Ordinary Shares to which they had become beneficially entitled on exercise of their 2020 LTIP Awards in order to settle their tax liability on exercise of the 2020 LTIP Awards at the price per Ordinary Share set out below:

 
 Plan Participant   Role               Award Plan         Number         Number         Price           Resultant 
                                                           of Ordinary    of Ordinary    in pence        total holding 
                                                           Shares         Shares         per Ordinary    of Ordinary 
                                                           acquired       disposed       Share           Shares 
                                                           on exercise                   disposed 
                                       CLS Holdings 
                    Chief Executive     plc Long 
 Fredrik             Officer            Term Incentive 
  Widlund            and Director       Plan              133,927        62,946         138.9p          70,981 
                   -----------------  -----------------  -------------  -------------  --------------  --------------- 
                                       CLS Holdings 
                    Chief Financial     plc Long 
 Andrew              Officer            Term Incentive 
  Kirkman            and Director       Plan              65,475         30,774         138.9p          34,701 
                   -----------------  -----------------  -------------  -------------  --------------  --------------- 
 

The notification is made in accordance with the UK Market Abuse Regulation.

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc

Tel: +44 (0) 20 7582 7766

Notification of Dealing Form

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name(s)                                        Fredrik Widlund 
      ---------------------------------------------  ------------------------------------------- 
 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                                           CLS Holdings plc 
      ---------------------------------------------  ------------------------------------------- 
 b)    LEI                                            213800A357TKB2TD9U78 
      ---------------------------------------------  ------------------------------------------- 
 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                                 Ordinary Shares of 2.5p 
        the financial instrument 
                                                       Identification code: GB00BF044593 
      ---------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                      Exercise of option over Ordinary Shares 
                                                       granted under the CLS Holdings plc Long 
                                                       Term Incentive Plan 
      ---------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                          Price                Volume 
      ---------------------------------------------  --------------------  --------------------- 
                                                      0.00 p                133,927 
 --------------------------------------------------  --------------------  --------------------- 
 d)    Currency                                       GBP - British Pound 
      ---------------------------------------------  ------------------------------------------- 
 e)    Aggregated information                         N/A 
      ---------------------------------------------  ------------------------------------------- 
 f)    Date of the transaction                        7 June 2023 
      ---------------------------------------------  ------------------------------------------- 
 g)    Place of the transaction                       Outside a trading venue 
      ---------------------------------------------  ------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name(s)                                         Fredrik Widlund 
      ----------------------------------------------  ----------------------------------------- 
 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                                            CLS Holdings plc 
      ----------------------------------------------  ----------------------------------------- 
 b)    LEI                                             213800A357TKB2TD9U78 
      ----------------------------------------------  ----------------------------------------- 
 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                                  Ordinary Shares of 2.5p 
        the financial instrument 
                                                        Identification code: GB00BF044593 
      ----------------------------------------------  ----------------------------------------- 
 b)    Nature of the transaction                       Sale of shares acquired under the CLS 
                                                        Holdings plc Long Term Incentive Plan 
      ----------------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)                           Price                Volume 
      ----------------------------------------------  --------------------  ------------------- 
                                                       138.9p                62,946 
 ---------------------------------------------------  --------------------  ------------------- 
 d)    Currency                                        GBP - British Pound 
      ----------------------------------------------  ----------------------------------------- 
 e)    Aggregated information                          N/A 
      ----------------------------------------------  ----------------------------------------- 
 f)    Date of the transaction                         7 June 2023 
      ----------------------------------------------  ----------------------------------------- 
 g)    Place of the transaction                        London Stock Exchange 
      ----------------------------------------------  ----------------------------------------- 
 

Notification of Dealing Form

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name(s)                                         Andrew Kirkman 
      ----------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                                 Chief Financial Officer 
      ----------------------------------------------  ------------------------------------------- 
 b)    Initial notification/amendment                  Initial Notification 
      ----------------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------- 
 a)    Name                                            CLS Holdings plc 
      ----------------------------------------------  ------------------------------------------- 
 b)    LEI                                             213800A357TKB2TD9U78 
      ----------------------------------------------  ------------------------------------------- 
 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                                  Ordinary Shares of 2.5p 
        the financial instrument 
                                                        Identification code: GB00BF044593 
      ----------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                       Exercise of option over Ordinary Shares 
                                                        granted under the CLS Holdings plc Long 
                                                        Term Incentive Plan 
      ----------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                           Price                 Volume 
      ----------------------------------------------  ---------------------  -------------------- 
                                                       0.00 p                 65,475 
 ---------------------------------------------------  ---------------------  -------------------- 
 d)    Currency                                        GBP - British Pound 
      ----------------------------------------------  ------------------------------------------- 
 e)    Aggregated information                          N/A 
      ----------------------------------------------  ------------------------------------------- 
 f)    Date of the transaction                         7 June 2023 
      ----------------------------------------------  ------------------------------------------- 
 g)    Place of the transaction                        Outside a trading venue 
      ----------------------------------------------  ------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name(s)                                         Andrew Kirkman 
      ----------------------------------------------  ----------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                 Chief Financial Officer 
      ----------------------------------------------  ----------------------------------------- 
 b)    Initial notification/amendment                  Initial Notification 
      ----------------------------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                            CLS Holdings plc 
      ----------------------------------------------  ----------------------------------------- 
 b)    LEI                                             213800A357TKB2TD9U78 
      ----------------------------------------------  ----------------------------------------- 
 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                                  Ordinary Shares of 2.5p 
        the financial instrument 
                                                        Identification code: GB00BF044593 
      ----------------------------------------------  ----------------------------------------- 
 b)    Nature of the transaction                       Sale of shares acquired under the CLS 
                                                        Holdings plc Long Term Incentive Plan 
      ----------------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)                           Price                Volume 
      ----------------------------------------------  --------------------  ------------------- 
                                                       138.9p                30,774 
 ---------------------------------------------------  --------------------  ------------------- 
 d)    Currency                                        GBP - British Pound 
      ----------------------------------------------  ----------------------------------------- 
 e)    Aggregated information                          N/A 
      ----------------------------------------------  ----------------------------------------- 
 f)    Date of the transaction                         7 June 2023 
      ----------------------------------------------  ----------------------------------------- 
 g)    Place of the transaction                        London Stock Exchange 
      ----------------------------------------------  ----------------------------------------- 
 

- end -

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