The Restricted Share Awards granted to Directors on 1 May 2011
in fulfilment of the share element of the 2010 bonus, as disclosed
in the annual report, vested on 30 April 2015. Consequently
34,971 shares were transferred to Mr A Case and 7,461 shares were
transferred to Mr J Woyda.
In order to meet their tax liability which was incurred on the
day of vesting, Mr Case sold 16,478 shares and Mr Woyda sold 3,516
shares at a price of £22.54 per share. Mr Case retained 18,493
shares and Mr Woyda retained 3,945 shares.
Following the above transactions, the Directors' interest in the
Company's share capital is as follows:-
Director |
Ordinary Shares |
% of Issued Share Capital |
Restricted Shares |
% of Issued Share Capital |
Performance Related Options |
% of Issued Share Capital |
Mr A Case |
577,578 |
1.9% |
67,501 |
0.22% |
357,170 |
1.19% |
Mr J Woyda |
77,922 |
0.3% |
14,396 |
0.05% |
89,181 |
0.30% |
The Company was informed of these transactions on 5 May 2015.
This notification is made in accordance with DTR
3.1.4R(1)(a).
5 May 2015
For further details contact:
Penny Watson
Company Secretary
Clarkson PLC
Tel: +44(0) 20 7334 0000