Source - LSE Regulatory
RNS Number : 3147F
CLS Holdings PLC
18 March 2022
 

CLS Holdings plc

 

(the "Company", the "Group")

 

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

 

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

 

 

CLS Holdings plc announces that Fredrik Widlund, Chief Executive Officer and Director of the Company, and Andrew Kirkman, Chief Financial Officer and Director of the Company, have been awarded nil cost options over a number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") as set out below (the "Awards") on 16 March 2022.

 

PDMR Plan Participant

Award Plan

Award Price (pence per share)

No of shares pursuant to Award

Fredrik Widlund

LTIP

207p

349,416

Andrew Kirkman

LTIP

207p

170,830

 

The Awards were made based on the quoted closing price of the Company's Ordinary Share on 16 March 2022. The Awards will vest on the third anniversary of the date of grant, subject to the achievement of performance targets measured over a three-year period as set out in the Company's 2020 Remuneration Policy. Vested Awards will be subject to an additional two-year holding period.

 

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 the financial instrument

Ordinary Shares of 2.5p

 

Identification code: GB00BF044593

 

b)

Nature of the transaction

Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan

c)

Price(s) and volume(s)

 Price

 

Volume

 

 

0.00 p

349,416

d)

Currency

 

GBP - British Pound

e)

Aggregated information

 

N/A

f)

Date of the transaction

 

16 March 2022

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 the financial instrument

Ordinary Shares of 2.5p

 

Identification code: GB00BF044593

 

b)

Nature of the transaction

Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan

c)

Price(s) and volume(s)

 Price

 

Volume

 

 

0.00 p

170,830

d)

Currency

 

GBP - British Pound

e)

Aggregated information

 

N/A

f)

Date of the transaction

 

16 March 2022

 

g)

Place of the transaction

Outside a trading venue

 

 

- end -

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