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RNS Number : 4964T
Robert Walters PLC
12 October 2017
 

12 October 2017

ROBERT WALTERS PLC

(the "Company")

Directors' Shareholdings

 

The Company was informed on 12 October 2017 of the following dealings by certain Directors in ordinary shares of 20p each of the Company ("Ordinary Shares") that occurred on the same date.

 

Robert Walters, Chief Executive Officer of the Company, and Giles Daubeney, Deputy Chief Executive Officer of the Company, exercised options to purchase Ordinary Shares under the terms of The Robert Walters Executive Share Option Scheme as outlined in the table below:

 

Director

Number of Awards exercised

Exercise

price (p)

Number of shares sold

Sale price (p)

Net increase in shareholdings

 

Robert Walters

 

300,000

 

208

 

300,000

 

580

 

-

 

Robert Walters

 

300,000

 

211

 

300,000

 

580

 

-

 

Giles Daubeney

 

250,000

 

208

 

250,000

 

580

 

-

 

Giles Daubeney

 

250,000

 

211

 

250,000

 

580

 

-

 

The Company also received notice that on 12 October 2017, Robert Walters, sold an additional 392,581 Ordinary Shares at a price of 580p per share. On the same date Giles Daubeney, Deputy Chief Executive Officer of the Company, sold an additional 150,000 Ordinary Shares also at a price of 580p per share.

 

In aggregate, Robert Walters and Giles Daubeney have therefore today sold 992,581 Ordinary Shares and 650,000 Ordinary Shares respectively at a price of 580p per Ordinary Share.

 

As a result of the exercise of these share options and subsequent share sales, there has therefore been a change in the overall shareholdings of each of these Directors as set out below:

 

Director

Shareholding prior to this announcement

% holding  in Company

Shareholding after this announcement

% holding in Company

Robert Walters

2,617,205

3.51

2,224,624

2.96

Giles Daubeney

1,883,069

2.53

1,733,069

2.30

 

Robert Walters plc's issued share capital consists of 79,340,740 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 75,266,740.

 

The above figure of 75,266,740 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

Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



208p

300,000



211p

300,000



580p

992,581

(e)

Aggregated information

-            Aggregated volume

-           Price

 

300,000 (exercised) at 208p

300,000 (exercised) at 211p

992,581 (sold) at 580p

 

(f)

Date of the transaction

12 October 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

Exercise of option to purchase shares under the terms of Robert Walters Executive Share Option Scheme and the on-market sale of ordinary shares in Robert Walters plc.

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



208p

250,000



211p

250,000



580p

650,000

(e)

Aggregated information

-            Aggregated volume

-           Price

 

250,000 (exercised) at 208p

250,000 (exercised) at 211p

650,000 (sold) at 580p

 

(f)

Date of the transaction

12 October 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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