Director/PDMR Shareholding
CLS Holdings plc announced that Chief Executive Officer Fredrik Widlund and Chief Financial Officer Harry Stokes were awarded nil cost options under the Long Term Incentive Plan on April 29, 2026. Widlund received 950,407 performance share awards and 475,203 restricted share awards, while Stokes received 443,877 performance share awards and 221,938 restricted share awards. These awards align with the company's new hybrid award policy and will vest on the third anniversary of the grant date, subject to continued service and performance conditions, with an additional two-year holding period required for vested awards.
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CLS Holdings plc announces that Fredrik Widlund, Chief Executive Officer and Director of the Company, and Harry Stokes, Chief Financial Officer and Director of the Company, have been awarded nil cost options over a number of ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") as set out below (the "Awards") on 29 April 2026.
| PDMR Plan Participant | Award Plan | No of Ordinary Shares granted pursuant to Awards | Award Type |
|---|---|---|---|
| Fredrik Widlund | LTIP | 950,407 | Performance Share Award |
| 475,203 | Restricted Share Award | ||
| Harry Stokes | LTIP | 443,877 | Performance Share Award |
| 221,938 | Restricted Share Award |
The terms of the Awards align to the new hybrid award policy envisaged under the new Directors' Remuneration Policy approved at the 2026 Annual General Meeting and as set out in the Annual Report and Accounts 2025.
Subject to the LTIP rules, the Awards will vest on the third anniversary of the date of grant, subject to continued service and the achievement of performance targets or underpin conditions (as relevant). Details of performance targets and underpin conditions can be found in the Directors' Remuneration Report within the Company's Annual Report and Accounts 2025.
Vested Awards will be subject to an additional two-year holding period (net of sales for tax).
| a) | Name | CLS Holdings plc | |
| b) | LEI | 213800A357TKB2TD9U78 | |
| a) | Description of the financial instrument | Ordinary Shares of 2.5p Identification code: GB00BF044593 | |
| b) | Nature of the transaction | Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | Price | Volume |
| 1. Nil 2. Nil | 1. 950,407 (PSA) 2. 475,203 (RSA) | ||
| d) | - Aggregated information - Price | N/A single transactions Nil | |
| e) | Date of the transaction | 29 April 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name(s) | Harry Stokes | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/amendment | Initial Notification | |
| a) | Name | CLS Holdings plc | |
| b) | LEI | 213800A357TKB2TD9U78 | |
| a) | Description of the financial instrument | Ordinary Shares of 2.5p Identification code: GB00BF044593 | |
| b) | Nature of the transaction | Award of nil cost options under the CLS Holdings plc Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | Price | Volume |
| 1. Nil 2. Nil | 1. 443,877 (PSA) 2. 221,938 (RSA) | ||
| d) | - Aggregated information - Price | N/A single transactions Nil | |
| e) | Date of the transaction | 29 April 2026 | |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.