Source - RNS
RNS Number : 9995K
CLS Holdings PLC
27 September 2016
 

CLS Holdings plc

(the "Company", the "Group" or "CLS")

 

Notifications of transactions by Persons Discharging Managerial Responsibilities ("PDMR"s)

 

The Company announces that pursuant to the Company's Tender Offer, as described in the Circular to shareholders dated 26 August 2016, which completed on 22 September 2016, the PDMRs of the Company below have notified the Company of the sale by Tender of those number of ordinary shares of 25 pence in the Company ("Ordinary Shares") at 1,750 pence per share, and are now interested in the number of Ordinary Shares as set out against their name:

 

Directors/Persons Discharging Managerial Responsibilities

Number of Ordinary Shares sold pursuant to the Tender Offer

 

Total holding following sale

% of Total Voting Rights

Sten Mortstedt

 

219,544

20,774,174

50.99%

Joseph Crawley*

 

2,426

229,608

0.56%

Fredrik Widlund

 

545

22,149

0.05%

John Whiteley **

 

404

13,596

0.03%

Lennart Sten

 

103

2,850

0.01%

 

held by Creative Value Investment Group Limited, a company owned by the Sten and Karin Mortstedt Family and Charity Trust.

 

* held in Trust for Angela Crawley, the wife of Joseph Crawley.

 

** held by Dianne Whiteley, the wife of John Whiteley.

 

The Notification of Dealing Form, which provides further detail, can be found below.

 

The notification is made in accordance with the EU 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)

Sten Mortstedt (Director)

Joseph Crawley (Director)

Fredrik Widlund (Director)

John Whiteley (Director)

Lennart Sten (Director)

 

2

Reason for the notification

a)

Position/status

As noted in 1a) above

 

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

 

n/a

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

Ordinary Shares of 25p

 

Identification code: GB0001592475

 

b)

Nature of the transaction

Sale of Ordinary Shares of 25p through the Company's Tender Offer, purchased at 1,750 pence per share.

 

c)

Price and volume

Director/PDMR

Price(s)

Volume(s)

Sten Mortstedt

1,750 pence per share

219,544

Joseph Crawley

1,750 pence per share

2,426

Fredrik Widlund

1,750 pence per share

545

John Whiteley

1,750 pence per share

404

Lennart Sten

1,750 pence per share

103

 

 

d)

Aggregated information

 

N/A

 

e)

Date of the transaction

 

22 September 2016

f)

Place of the transaction

 

London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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