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By LSE RNS

RNS Number : 3041H
Robert Walters PLC
06 June 2017
 

6 June 2017

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

 

2014 vesting

 

The Company was informed on 6 June 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares").

 

These dealings were pursuant to the exercise of awards under the Robert Walters Long Term Incentive Plan ("LTIP") on 5 June 2017.  Pursuant to instructions given by the relevant Directors, a fixed proportion of the awards were sold on 5 June 2017 to satisfy the associated tax obligations arising upon the vesting of the Ordinary Shares.

 

Director

Number of Awards exercised

Exercise

price (p)

Number of shares sold

Sale price (p)

Net increase in shareholdings

 

Robert Walters

 

87,336

 

0

 

41,172

 

385

 

46,164

 

Giles Daubeney

 

72,815

 

0

 

34,327

 

385

 

38,488

 

Alan Bannatyne

 

53,324

 

0

 

25,138

 

385

 

28,186

 

The Company also announces that certain Directors exercised awards on 5 June 2017 under The Robert Walters UK Sharesave Plan 2014 over ordinary shares of 20p each held in the Robert Walters Employee Benefit Trust.

 

Director

Number of Awards exercised

Exercise

price (p)

Net increase in shareholdings

 

Robert Walters

 

6,792

 

265

 

6,792

 

Giles Daubeney

 

6,792

265

 

6,792

 

Alan Bannatyne

 

6,792

265

 

6,792

 

There has therefore been an increase in the overall shareholdings of each of the Directors as a result of these dealings and individual shareholdings before and after are set out below:

 

Director

Shareholding prior to this announcement

% holding  in Company

Shareholding after this announcement

% holding in Company

Robert Walters

2,519,930

3.38

2,572,886

3.45

Giles Daubeney

1,807,242

2.43

1,852,522

2.49

 

Alan Bannatyne

 

424,247

 

0.57

 

459,225

 

0.62

 

 

Robert Walters plc's issued share capital consists of 78,573,819 Ordinary Shares with voting rights. Robert Walters plc holds 4,074,000 Ordinary Shares in Treasury.

 

Therefore, the total number of voting rights in Robert Walters plc is 74,499,819.

 

The above figure of 74,499,819 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Robert Walters plc under the FSA's Disclosure and Transparency Rules.

 

 

APPENDIX

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Walters

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

87,336



265p

6,792



385p

41,172

(e)

Aggregated information

-            Aggregated volume

-           Price

 

 

94,128 (exercised) , 41,172 (sold)

 

0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)

(f)

Date of the transaction

5 June 2017

(g)

Place of the transaction

London Stock Exchange

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Giles Daubeney

2.

Reason for the notification

(a)

Position/status

Deputy Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

72,815



265p

6,792



385p

34,327

(e)

Aggregated information

-            Aggregated volume

-           Price

 

 

79,607 (exercised), 34,327 (sold)

 

0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)

(f)

Date of the transaction

5 June 2017

(g)

Place of the transaction

London Stock Exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Alan Bannatyne

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Robert Walters plc

(b)

LEI

213800LIE15BDEN3VW43

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 20p each

(b)

Identification code of the Financial Instrument

ISIN Code : GB0008475088

(c)

Nature of the transaction

Receipt of shares under exercise of Robert Walters plc Long Term Incentive Plan and UK Sharesave Scheme and disposal of shares.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



0p

53,324



265p

6,792



385p

25,138

(e)

Aggregated information

-            Aggregated volume

-           Price

 

 

60,116 (exercised), 25,138 (sold)

 

0p (LTIP exercise), 265p (Sharesave exercise), 385p (sold)

(f)

Date of the transaction

5 June 2017

(g)

Place of the transaction

London Stock Exchange

 

Enquiries:

Robert Walters plc

Robert Walters, Chief Executive

Alan Bannatyne, Chief Financial Officer                 +44 20 7379 3333

 

Newgate Communications

Steffan Williams

Charlotte Coulson                                                  +44 20 7680 6550

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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