CLS Holdings PLC

Director's Dealing • Sep 22, 2022

National Storage Mechanism | Additional information

RNS Number : 3542A

CLS Holdings PLC

22 September 2022

CLS Holdings plc

(the "Company")

Notification of Transaction of Directors, Persons Discharging Managerial Responsibilities ("PDMR") or Connected Person

The Company announces that it was notified on 20 September 2022 that the companies listed below (the investment vehicles for the Sten and Karin Mortstedt Family & Charity Trust), considered as Persons Closely Associated with Anna Seeley, Non-Executive Director and Deputy Chairman, and therefore considered a PDMR, carried out the following sales pursuant to a Tender Offer at a price of 250 pence per share on 16 September 2022.

The Notification of Dealing Form, which provides further details, can be found below.

The notification is made in accordance with the UK Market Abuse Regulations.

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment I Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	808,824	£2,022,060

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

London Stock Exchange

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment II Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	765,086	£1,912,715

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

London Stock Exchange

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment III Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	854,784	£2,136,960

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

London Stock Exchange

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment IV Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	625,000	£1,562,500

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

Outside a trading venue

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment V Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	597,051	£1,492,627.50

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

Outside a trading venue

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment VI Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	90,471	£226,177.50

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

Outside a trading venue

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment VII Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	625,000	£1,562,500

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

London Stock Exchange

Notification of Dealing Form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name(s)

Creative Value Investment VIII Limited

2

Reason for the notification

a)

Position/status

PCA of Anna Seeley, Non-executive Director and Deputy Chairman

b)

Initial notification/amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CLS Holdings plc

b)

LEI

213800A357TKB2TD9U78

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 CLS Holdings plc of 2.5 pence each.

Identification code: GB00BF044593

b)

Nature of the transaction

Sale of shares pursuant to a tender offer

c)

Price(s) and volume(s)

Price per Financial Instrument	Volume of Financial Instruments	Total
£2.50	875,000	£2,187,500

d)

Aggregated information

N/A

e)

Date of the transaction

16 September 2022

f)

Place of the transaction

London Stock Exchange

Enquiries:

David Fuller

Company Secretary

CLS Holdings plc 

020 7582 7766

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