Directors Dealings

RNS Number : 5116K

Chamberlin PLC

19 December 2008

 



CHAMBERLIN PLC (the 'Company')

Directors' Dealings

On 19 December 2008, the following awards over ordinary shares of 25p each in the Company ('Shares') were made under the rules of the Chamberlin & Hill Performance Share Plan:

Chamberlin & Hill Performance Share Plan ('PSP')

Name	Number of Shares held under Option	Total number of Shares over which Awards are held under the PSP
Tim Hair	132,000	208,860
Mark Bache	96,000	152,367
Adam Vickery	51,947	99,222
Andy Gibbs	48,000	48,000

Under the PSP, awards are structured as nil-cost options ('Options').  No consideration was paid for the grant of the Options.

The vesting of an Option is subject to the continued employment of the participant and the satisfaction of a performance condition set by the Remuneration Committee of the Company.  The Option will normally become exercisable on the third anniversary of the date of grant subject to the satisfaction of a performance condition set by the Remuneration Committee of the Company.  

To the extent that an Option becomes exercisable, it remains exercisable for a period of 12 months from the date of vesting.

The Company was informed of the above transactions under the PSP on 19 December 2008.

Enquiries:

Chamberlin plc

Tom Brown, Chairman          01922 707100

Tim Hair, Chief Executive    01922 707100

Teathers

Tom Hulme or Gareth Price    020 7426 9000

NOMAD

 

END

 

 

RDSFKCKBPBDDDBD