2 March 2021
ROBERT WALTERS PLC
(the "Company")
Directors' Shareholdings
2021 PSP awards
The Company announces that the following awards were made to the Executive Directors under the 2014 Robert Walters Performance Share Plan on 2 March 2021:
| Director | No. of Ordinary Shares awarded |
| Robert Walters | 217,406 |
| Alan Bannatyne | 132,762 |
| Total | 350,168 |
The awards, which were made in the form of options at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.
Vesting of deferred bonus shares
The Company was informed on 2 March 2021 of the following transfers of Ordinary Shares pursuant to the vesting of awards previously deferred as part of the Executive Directors' respective bonuses for the financial year ended 31 December 2018 as announced on 1 March 2019 and the financial year ended 31 December 2019 as announced on 3 March 2020 respectively.
| Directors | 2019 Deferred Ordinary Shares vested | 2020 Deferred Ordinary Shares vested | Total Deferred Ordinary Shares vested |
| Robert Walters | 13,262 | 3,400 | 16,662 |
| Alan Bannatyne | 8,097 | 2,080 | 10,177 |
| Total | 21,359 | 5,480 | 26,839 |
Directors' Shareholdings
There has therefore been an increase in the overall shareholdings of each of the Executive Directors as a result of these dealings and individual shareholdings before and after are set out below:
| Director | Shareholding prior to this announcement | % holding in Company | Shareholding after this announcement | % holding in Company |
| Robert Walters | 2,644,301 | 3.47 | 2,660,963 | 3.49 |
| Alan Bannatyne | 689,106 | 0.90 | 699,283 | 0.91 |
Robert Walters plc's issued share capital now consists of 80,273,455 Ordinary Shares with voting rights. Robert Walters plc holds 4,074,000 Ordinary Shares in Treasury.
Therefore, the total number of voting rights in Robert Walters plc is 76,199,455.
The above figure of 76,199,455 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FSA's Disclosure and Transparency Rules.
Further information
| Robert Walters plc Robert Walters, Chief Executive Alan Bannatyne, Chief Financial Officer
| +44 (0) 20 7379 3333 |
| Williams Nicolson Steffan Williams
| +44 7767 345 563 |
APPENDIX
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Robert Walters | |
| 2. | Reason for the notification | ||
| (a) | Position/status | Chief Executive Officer | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name | Robert Walters plc | |
| (b) | LEI | 213800LIE15BDEN3VW43 | |
| 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 20p each | |
| (b) | Identification code of the Financial Instrument | ISIN Code : GB0008475088 | |
| (c) | Nature of the transaction | Ordinary Shares received/exercised under the deferred bonus scheme. | |
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
|
| 0p | 16,662 |
|
|
|
|
|
| (e) | Aggregated information - Aggregated volume - Price |
16,662 (deferred bonus) 0p | |
| (f) | Date of the transaction | 2 March 2021 | |
| (g) | Place of the transaction | London Stock Exchange | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Alan Bannatyne | |
| 2. | Reason for the notification | ||
| (a) | Position/status | Chief Financial Officer | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name | Robert Walters plc | |
| (b) | LEI | 213800LIE15BDEN3VW43 | |
| 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 20p each | |
| (b) | Identification code of the Financial Instrument | ISIN Code : GB0008475088 | |
| (c) | Nature of the transaction | Ordinary Shares received/exercised under the deferred bonus scheme. | |
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
|
| 0p | 10,177 |
|
|
|
|
|
| (e) | Aggregated information - Aggregated volume - Price |
10,177 (deferred bonus) 0p | |
| (f) | Date of the transaction | 2 March 2021 | |
| (g) | Place of the transaction | London Stock Exchange | |
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