Grant of share awards and options

By

Regulatory News | 02 Apr, 2019

Updated : 15:33

RNS Number : 8865U
Clipper Logistics plc
02 April 2019
 

Clipper Logistics plc

("Clipper" or the "Company")

 

Exercise of share awards and options and subsequent sale

 

Clipper Logistics plc announces that on 1 April 2019 the following PDMR exercised their options over Ordinary Shares of 0.05 pence each ("shares") pursuant to the Company's Sharesave Scheme, relating to options granted in 2016. The exercise price for the shares was 239.34p.

 

The shares were sold immediately upon exercise at a price of £2.60 per share.

 

Name

Title

Number of options over Ordinary Shares exercised

Total number of Ordinary Shares over which options held following notification

PDMR and connected persons' beneficial interest  in the Company following notification

 

Antony Mannix

CEO

3,760

369,267

946,7861

0.9%

1 940,376 shares held by Kexby Investments Ltd, of which Antony Mannix is ultimate controller; 6,410 shares held by spouse.

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

DIRECTOR/PDMR SHAREHOLDING

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Antony Mannix

2

Reason for the notification

 

a)

Position/status

 

CEO

b)

Initial notification/ Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Clipper Logistics plc

b)

LEI

 

213800H9ZTUCXHVD1E79

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, type of instrument

 

 

 

Identification code

 

Ordinary Shares of 0.05p

 

 

 

 

 

 

GB00BMMV6B79

b)

Nature of the transaction

 

Exercise of options under the Company's Sharesave Scheme.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£2.3934

 

3,760

 

 

d)

Aggregated information

 

·    Aggregated volume

 

·    Price

 

 

 

 

N/A - single transaction

e)

Date of the transaction

 

 

1 April 2019

f)

Place of the transaction

 

 

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Antony Mannix

2

Reason for the notification

 

a)

Position/status

 

CEO

b)

Initial notification/ Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Clipper Logistics plc

b)

LEI

 

213800H9ZTUCXHVD1E79

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, type of instrument

 

 

 

Identification code

 

Ordinary Shares of 0.05p

 

 

 

 

 

 

GB00BMMV6B79

b)

Nature of the transaction

 

Sale of shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£2.60

 

3,760

 

 

 

d)

Aggregated information

 

·    Aggregated volume

 

·    Price

 

 

 

 

N/A - single transaction

e)

Date of the transaction

 

 

1 April 2019

f)

Place of the transaction

 

 

London Stock Exchange, Main Market

ENQUIRIES

 

Clipper:

+44 (0)113 204 2050

 

Steve Parkin, Executive Chairman

 

Tony Mannix, Chief Executive Officer

 

David Hodkin, Chief Financial Officer

 

 

Public Relations Advisers:

 

Buchanan:

+44 (0) 20 7466 5000

 

David Rydell

 

Stephanie Watson

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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