24th Jan 2022 16:42
Clipper Logistics plc
("Clipper" or the "Company")
Director/PDMR Dealing
Clipper Logistics plc announces that on 21 January 2022 the following transactions took place:
Carlton Court Investments Limited ("CCIL"), a wholly owned subsidiary of Knaresborough Investments Limited which is beneficially owned by Steve Parkin, Executive Chairman of Clipper Logistics plc, acquired the whole of the issued share capital of both Wolds Investments Limited ("Wolds") and Kexby Investments Limited ("Kexby"), from David Hodkin, Chief Financial Officer of Clipper, and Antony Mannix, Chief Executive Officer of Clipper, respectively.
The transaction was undertaken for estate planning by the individuals involved.
At the point of acquisition by CCIL, Wolds held 1,100,376 Ordinary Shares of 0.05p ("Shares") in Clipper and Kexby held 940,376 Shares in Clipper.
On 21 January 2022, immediately following the acquisition of Wolds and Kexby by CCIL, David Hodkin and Antony Mannix in their personal capacity acquired 600,376 and 440,376 Shares respectively in Clipper from CCIL.
The above transactions do not change the aggregate number of shares held directly or beneficially by the three Executive Directors of Clipper.
All Shares were transacted at a price of £7.21 per Share.
The holdings of the Executive Directors following this announcement are as follows:
Name | Title | Total number of Ordinary Shares held | % of Company's issued share capital |
Steven Parkin, ultimate controller of Carlton Court Investments Ltd | Executive Chairman | 15,128,000 | 14.79% |
Antony Mannix | CEO | 440,376 | 0.43% |
David Hodkin | CFO | 600,376 | 0.59% |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||||
a) | Name
| Steven Parkin | ||||||
2 | Reason for the notification
| |||||||
a) | Position/status
| Executive Chairman | ||||||
b) | Initial notification/ Amendment
| Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name
| Clipper Logistics plc | ||||||
b) | LEI
| 213800H9ZTUCXHVD1E79 | ||||||
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, type of instrument
Identification code
| Ordinary Shares of 0.05p
GB00BMMV6B79 | ||||||
b) | Nature of the transaction
| 1. Acquisition of Shares 2. Disposal of Shares | ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information · Aggregated volume
· Price |
3,081,504
£7.21 | ||||||
e) | Date of the transaction
|
21 January 2022 | ||||||
f) | Place of the transaction
|
Outside a Trading Venue | ||||||
DIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||||
a) | Name
| Antony Mannix | ||||||
2 | Reason for the notification
| |||||||
a) | Position/status
| Chief Executive Officer | ||||||
b) | Initial notification/ Amendment
| Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name
| Clipper Logistics plc | ||||||
b) | LEI
| 213800H9ZTUCXHVD1E79 | ||||||
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, type of instrument
Identification code | Ordinary Shares of 0.05p
GB00BMMV6B79 | ||||||
b) | Nature of the transaction
| 1. Disposal of Shares 2. Acquisition of Shares | ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information · Aggregated volume
· Price |
1,380,752
£7.21 | ||||||
e) | Date of the transaction
|
21 January 2022 | ||||||
f) | Place of the transaction
|
Outside a Trading Venue | ||||||
DIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||||
a) | Name
| David Hodkin | ||||||
2 | Reason for the notification
| |||||||
a) | Position/status
| Chief Financial Officer | ||||||
b) | Initial notification/ Amendment
| Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name
| Clipper Logistics plc | ||||||
b) | LEI
| 213800H9ZTUCXHVD1E79 | ||||||
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, type of instrument
Identification code
| Ordinary Shares of 0.05p
GB00BMMV6B79 | ||||||
b) | Nature of the transaction
| 1. Disposal of Shares 2. Acquisition of Shares | ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information · Aggregated volume
· Price |
1,700,752
£7.21 | ||||||
e) | Date of the transaction
|
21 January 2022 | ||||||
f) | Place of the transaction
|
Outside a Trading Venue | ||||||
ENQUIRIES | |||
Clipper: | +44 (0)113 204 2050 |
| |
Steve Parkin, Executive Chairman |
| ||
Tony Mannix, Chief Executive Officer |
| ||
David Hodkin, Chief Financial Officer |
| ||
Public Relations Advisers: |
| ||
Buchanan: | +44 (0) 20 7466 5000 |
| |
David Rydell |
| ||
Stephanie Whitmore |
| ||
Related Shares:
CLG.L