Clarkson PLC, a leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, recently announced the vesting of Deferred Share Awards granted under the Clarkson PLC 2014 Long Term Incentive Plan. The Executive Directors, Mr. Andi Case and Mr. Jeff Woyda, acquired and sold ordinary shares to cover tax liabilities arising from the vesting. Following these transactions, the Directors' interests in the Company's share capital were detailed. Mr. Andi Case retained 5,274 ordinary shares, while Mr. Jeff Woyda retained 1,363 ordinary shares.
The Company, founded in 1852, offers shipbroking services, sector research, logistical support, and full investment banking capabilities in all key shipping and offshore sectors. With over 2,000 employees in over 60 offices across its four divisions, 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. 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 capitalize on opportunities in its markets.
For further details, the Company Secretary, Deborah Abrehart, can be contacted. The Company's website provides more information about its services and operations. The recent transactions by the Directors were disclosed in accordance with the UK Market Abuse Regulation, and detailed PDMR Notification Dealing Forms were attached to the announcement.