CLS Holdings plc

(the "Company")

Notification of Directors/PDMR interest in shares

CLS Holdings plc 2017 Performance Incentive Plan ("PIP")

At the Company's annual general meeting held at 10 a.m. on 26 April 2017 (the "AGM"), shareholders approved the Annual Remuneration Report, Remuneration Policy and the PIP. The Remuneration Committee subsequently adopted the PIP.

Grant of Awards

On 26 April 2017, the Remuneration Committee granted the following Awards over ordinary shares of 25 pence each in the capital of the Company under Element B of the PIP in the form of conditional share awards.  The Awards were made following the Committee's determination of the level of satisfaction of the Key Performance Targets for the 2016 financial year as set out in the 2016 Annual Report and Accounts.

The key terms of the Awards made under Element B of the PIP are:-

·     Awards will vest on the third anniversary of the award date provided that the participant remains employed by the Company, and

·     no shares subject to Awards (apart from those sold to meet any tax liability) can be sold prior to the 5^th anniversary of the award date.

Full details of the PIP are set out in the Company's Notice of the AGM and the 2016 Annual Report and Accounts, which are available at www.clsholdings.com  

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Enquiries

David Fuller

Company Secretary

CLS Holdings plc

+44 (0)20 7582 7766