Director/PDMR Shareholding

RNS Number : 2350Y
Chamberlin PLC
27 November 2014
 

27 November 2014

Chamberlin plc

("Chamberlin" or the "Company")

 

Directors' shareholdings

 

Chamberlin plc (CMH.L), the specialist castings and engineering group, has announced that the Board yesterday granted share options to the Executive Directors under the Chamberlin Share Option Plan (the "CSOP") at the direction of the Board's Remuneration Committee.

 

The Directors have been granted the following options:

 

Director

Number of options awarded

Exercise
price

Kevin Nolan

362,195

97.65p

David Roberts

237,805

97.65p

 

The share options will vest on three equal tranches on each of the third, fourth and fifth anniversaries of the date of grant, subject to satisfaction of certain performance conditions and provided the participant remains employed on the relevant date of exercise.  To the extent that the option or any part of it vests, it remains exercisable until 25 November 2024.

 

Following the grant of these options, the Executive Directors' interests in the Company comprise:

 

Director

Ordinary shares

Percentage
of issued
share capital

Share Options

Percentage
 of issued
share capital

Kevin Nolan

-

-

541,835

6.81%

David Roberts

5,000

0.06%

362,555

4.56%

 

For further information, please contact:

 

Chamberlin plc

Kevin Nolan, Chief Executive

David Roberts, Finance Director

T: 01922 707100

 

 

Charles Stanley Securities

(Nominated Adviser  an Broker)

Russell Cook / Carl Holmes

T: 020 7149 6000

 

 

KTZ Communications

(Financial PR)

Katie Tzouliadis / Deborah Walter

T: 020 3178 6378

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Companies

Chamberlin (CMH)
UK 100

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