REG - CLS Holdings PLC - Director/PDMR Shareholding

CLS HoldingsAnnouncement

18/03/2022 13:00

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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 of Ordinary Shares acquired  Number of Ordinary Shares disposed  Price in pence per Ordinary Share  Resultant total shareholding
 Fredrik Widlund   Chief Executive Officer and Director  CLS Holdings plc Performance Incentive Plan (Element 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 the financial instrument  Ordinary Shares of 2.5p

                                               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 the financial instrument  Ordinary Shares of 2.5p

                                               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

 

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