CLARKSON PLC
("the Company")
25 September 2019
Director/PDMR share sale
This notification is made in accordance with the EU Market Abuse Regulation.
The Company announces that on 24 September 2019, Birger Nergaard, a Director of the Company, disposed of interests in 75,000 ordinary shares of 25p each in the Company at a price of 2326.25 pence per share for personal tax planning purposes.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Nergaard has an interest over 30,869 ordinary shares, representing 0.1018% of the Company's issued share capital.
For further details contact:
Rachel Spencer
Company Secretary
Tel: +44(0) 20 7334 3476
About Clarkson PLC
Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.
Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors.
The Company has delivered 16 years of consecutive dividend growth. The highly cash generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on the upturn in its markets.
Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.
For more information, visit www.clarksons.com.
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PDMR DEALING NOTIFICATION TEMPLATE |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Birger Nergaard
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Clarkson PLC |
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b) |
Legal Entity Identifier |
2138007G6BGTEHI3OT22 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 25p each in Clarkson PLC |
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Identification code |
GB0002018363 |
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b) |
Nature of the transaction |
Sale of ordinary shares, such shares being held by Acane AS, an investment company in which Birger Nergaard has 100% interest. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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2326.25 pence per share |
75,000
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d) |
Aggregated information |
Not applicable - single transaction |
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- Aggregated volume |
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- Price |
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e) |
Date of the transaction |
24 September 2019 |
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f) |
Place of the transaction |
London Stock Exchange |
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