Clipper Logistics : Grant of share awards and options

Clipper Logistics plc

('Clipper' or the 'Company')

Grant of share awards and options

Clipper Logistics plc announces that on 8 February 2019 the Company granted awards of options over a total of 2,007,277 Ordinary Shares of 0.05 pence each ('shares') pursuant to the Company's Sharesave Scheme. The exercise price for the shares is 193.34p. The period during which the awards will be exercisable is 01/04/2022 - 30/09/2022.

The below PDMRs (Person Discharging Managerial Responsibilities) and their PCAs (Persons Closely Associated with) received awards:

Name	Title	Number of options over Ordinary Shares granted	Total number of Ordinary Shares over which options held following notification
Antony Mannix	CEO	4,655	373,027
Roger Peel	Managing Director	9,310	66,302
Johanne Holladay	PCA with Roger Peel	9,310	13,070
Richard Costello	Managing Director	9,310	39,309
Rachael Costello	PCA with Richard Costello	9,310	9,310

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	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	Grant of options under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 4,655
d)	Aggregated information · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	Outside a trading venue

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	Roger Peel
2	Reason for the notification
a)	Position/status	Subsidiary Managing Director
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	Grant of options under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 9,310
d)	Aggregated information · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	Outside a trading venue

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	Johanne Holladay
2	Reason for the notification
a)	Position/status	PCA with Roger Peel
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	Grant of options under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 9,310
d)	Aggregated information · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	Outside a trading venue

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	Richard Costello
2	Reason for the notification
a)	Position/status	Subsidiary Managing Director
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	Grant of options under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 9,310
d)	Aggregated information · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	Outside a trading venue

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	Rachael Costello
2	Reason for the notification
a)	Position/status	PCA with Richard Costello
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	Grant of options under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 9,310
d)	Aggregated information · Aggregated volume · Price	N/A - single transaction
e)	Date of the transaction	8 February 2019
f)	Place of the transaction	Outside a trading venue

ENQUIRIES
Clipper:		[phone]
Steve Parkin, Executive Chairman
Tony Mannix, Chief Executive Officer
David Hodkin, Chief Financial Officer
Public Relations Advisers:
Buchanan:	[phone]
David Rydell
Stephanie Watson