CLS Holdings PLC Director/PDMR Shareholding (4633R)
08 Marzo 2016 - 6:23PM
UK Regulatory
TIDMCLI
RNS Number : 4633R
CLS Holdings PLC
08 March 2016
CLS Holdings plc
(the "Company")
Notification of Transaction of Directors, Persons Discharging
Managerial Responsibility or Connected Person
The Company announces that, following the release of the
Company's audited Final Results on 8 March 2016 and the
satisfaction of certain performance targets, Mr Fredrik Widlund,
Chief Executive Officer and Director of the Company, was awarded
5,000 Ordinary Shares of 25 pence each in the Company ("Ordinary
Shares") on 8 March 2016. The award forms part of his recruitment
remuneration.
As a result of the above transaction, Mr Widlund's interest in
the number of Ordinary Shares is 21,589 Ordinary Shares
(0.05%).
The award will be satisfied by the transfer of Ordinary Shares
held by the Company in treasury for nil consideration.
A final 5,000 Ordinary Shares may be transferred to Mr Widlund
for nil consideration in March 2017 subject to Mr Widlund's
continuing employment and meeting the Group's performance targets.
Full details of the award relating to Mr Widlund's recruitment
remuneration will be set out in the Company's 2015 Annual Report
and Accounts, to be published on 18 March 2016 and available on the
website (www.clsholdings.com) from this date.
Enquiries:
David Fuller
Company Secretary
CLS Holdings plc
020 7582 7766
This information is provided by RNS
The company news service from the London Stock Exchange
END
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