TIDMCLI

RNS Number : 3144F

CLS Holdings PLC

18 March 2022

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 16 March 2022 following the vesting of an Element B 2019 PIP share award, Fredrik Widlund, Chief Executive Officer and Director of the Company, became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below. On 17 March 2022, Mr Widlund disposed of the number of Ordinary Shares to which he had become beneficially entitled in order to settle his tax liability on vesting of the 2019 PIP award 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 
                                                           Shares         Shares         per Ordinary   shareholding 
                                                           acquired       disposed       Share 
                                       CLS Holdings 
                                        plc Performance 
                    Chief Executive     Incentive 
 Fredrik             Officer            Plan (Element 
  Widlund            and Director       B)                80,760         34,605         202p            46,155 
                   -----------------  -----------------  -------------  -------------  --------------  --------------- 
 

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                       Vesting of shares under the CLS Holdings 
                                                        plc Performance Incentive Plan 
      ----------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                           Price                 Volume 
      ----------------------------------------------  ---------------------  -------------------- 
                                                       0.00 p                 80,760 
 ---------------------------------------------------  ---------------------  -------------------- 
 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)                                         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 
      ----------------------------------------------  ---------------------  -------------------- 
                                                       202p                   34,605 
 ---------------------------------------------------  ---------------------  -------------------- 
 d)    Currency                                        GBP - British Pound 
      ----------------------------------------------  ------------------------------------------- 
 e)    Aggregated information                          N/A 
      ----------------------------------------------  ------------------------------------------- 
 f)    Date of the transaction                         17 March 2022 
      ----------------------------------------------  ------------------------------------------- 
 g)    Place of the transaction                        London Stock Exchange 
      ----------------------------------------------  ------------------------------------------- 
 

- end -

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