TIDMCLI

RNS Number : 6229J

CLS Holdings PLC

14 April 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 a PIP share award in respect of Andrew Kirkman's, Chief Financial Officer and Director of the Company, recruitment remuneration on 5 April 2020, he became beneficially entitled to the number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") set out below, all of which have been purchased by the Company on behalf of Mr Kirkman on 9 April 2020 at the price per Ordinary Share set out below. The Company simultaneously disposed of the number of Ordinary Shares to which Mr Kirkman had become beneficially entitled in order to settle his tax liability at the price per Ordinary Share set out below:

 
 Plan Participant    Award Plan          Number of          Number of          Average     Resultant 
                                          Ordinary           Ordinary           price in    total shareholding 
                                          shares acquired    shares disposed    pence 
                     CLS Holdings 
                      plc Performance 
                      Incentive 
                      Plan (Element 
 Andrew Kirkman       B)                 68,523             27,556             233.75 p    40,967 
                    ------------------  -----------------  -----------------  ----------  -------------------- 
 

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)                                       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                                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 
      --------------------------------------------  -------------------------  ---------------- 
                                                     233.75 p                   68,523 
 -------------------------------------------------  -------------------------  ---------------- 
 d)    Currency                                      GBP - British Pound 
      --------------------------------------------  ------------------------------------------- 
 e)    Aggregated information                        N/A 
      --------------------------------------------  ------------------------------------------- 
 f)    Date of the transaction                       9 April 2020 
      --------------------------------------------  ------------------------------------------- 
 g)    Place of the transaction                      London Stock Exchange 
      --------------------------------------------  ------------------------------------------- 
 
 
 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                                 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 
      ---------------------------------------------  ------------------------  ----------------- 
  Purchase                                            233.75p                   27,556 
 --------------------------------------------------  ------------------------  ----------------- 
 d)    Currency                                       GBP - British Pound 
      ---------------------------------------------  ------------------------------------------- 
 e)    Aggregated information                         N/A 
      ---------------------------------------------  ------------------------------------------- 
 f)    Date of the transaction                        9 April 2020 
      ---------------------------------------------  ------------------------------------------- 
 g)    Place of the transaction                       London Stock Exchange 
      ---------------------------------------------  ------------------------------------------- 
 

- end -

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END

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