CLS Holdings PLC Director/PDMR Shareholding (6851L)
May 01 2020 - 7:13AM
UK Regulatory
TIDMCLI
RNS Number : 6851L
CLS Holdings PLC
01 May 2020
CLS Holdings plc
(the "Company")
Notification of Transaction of Persons Discharging Managerial
Responsibilities ("PDMR")
CLS Holdings plc Performance Incentive Plan ("PIP")
CLS Holdings plc announces that on the vesting of Element B of
the 2017 PIP share award, Fredrik Widlund, Chief Executive Officer
and Director of the Company, on 25 April 2020, became beneficially
entitled to the number of ordinary shares of 2.5 pence each in the
Company ("Ordinary Shares") set out below. On 29 April 2020 Mr
Widlund disposed of the number of Ordinary Shares set out below to
which he had become beneficially entitled in order to settle his
tax liability on vesting of the 2017 PIP award at the price per
Ordinary Share set out below:
Plan Participant Award Plan Number of Number of Price in Resultant
Ordinary Ordinary pence total shareholding
shares acquired shares disposed
CLS Holdings
plc Performance
Incentive
Fredrik Plan (Element
Widlund B) 126,860 59,238 209.86p 67,622
------------------ ----------------- ----------------- --------- --------------------
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) 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 Vesting of shares under the CLS Holdings
plc Performance Incentive Plan
--------------------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price Volume
--------------------------------------------- -------------------- ---------------------
0.00 p 126,860
-------------------------------------------------- -------------------- ---------------------
d) Currency GBP - British Pound
--------------------------------------------- -------------------------------------------
e) Aggregated information N/A
--------------------------------------------- -------------------------------------------
f) Date of the transaction 25 April 2020
--------------------------------------------- -------------------------------------------
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 from the vesting
of shares under the CLS Holdings plc
Performance Incentive Plan
--------------------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price Volume
--------------------------------------------- ------------------------ -----------------
209.86p 59,238
-------------------------------------------------- ------------------------ -----------------
d) Currency GBP - British Pound
--------------------------------------------- -------------------------------------------
e) Aggregated information N/A
--------------------------------------------- -------------------------------------------
f) Date of the transaction 29 April 2020
--------------------------------------------- -------------------------------------------
g) Place of the transaction London Stock Exchange
--------------------------------------------- -------------------------------------------
- end -
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END
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