Replacement: Director/PDMR Shareholding

1.

Name of the issuer

CLIPPER LOGISTICS PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DTR 3.1.2 R

3.

Name of person discharging managerial

responsibilities/director

STEVEN NICHOLAS PARKIN

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

OAK FROM ACORN LLP - a connected person and an entity ultimately controlled by Steven Nicholas Parkin

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest 1

THE NOTIFICATION IS IN RESPECT OF A HOLDING OF THE PERSON REFERRED TO IN 4 ABOVE

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY 0.05p SHARES

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

OAK FROM ACORN LLP

8.

State the nature of the transactions

SALE OF 4,000,000 SHARES AT £2.60p PER SHARE

9.

Number of shares, debentures or financial instruments relating to shares acquired

NOT APPLICABLE

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

NOT APPLICABLE

11.

Number of shares, debentures or financial instruments relating to shares disposed

4,000,000 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

4%

13.

Price per share or value of transaction

260p

14.

Date and place of transaction

8 FEBRUARY 2016

UNITED KINGDOM

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

30,797,100

30.8%

being:

30,000,000 held by Carlton Court Investments Limited; and

797,100 held by Oak from Acorn LLP

Both entities ultimately controlled by Steve Parkin

16.

Date issuer informed of transaction

8 FEBRUARY 2016

17.

Date of grant

NOT RELEVANT

18.

Period during which or date on which exercisable

NOT RELEVANT

19.

Total amount paid (if any) for grant of the option

NOT RELEVANT

20.

Description of shares or debentures involved (class and number)

NOT RELEVANT

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

NOT RELEVANT

22.

Total number of shares or debentures over which options held following notification

NOT RELEVANT

23.

Any additional information

NOT RELEVANT

24.

Name of contact and telephone number for queries

DAVID ARTHUR HODKIN

CFO

TEL: 0113 2042053

Name of authorised official of issuer responsible for making notification

GUY COLLINGWOOD JACKSON - GROUP COMPANY SCERETARY

Date of notification: 9 FEBRUARY 2016

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.