Director/PDMR Shareholding

RNS Number : 6850J

Churchill China PLC

01 April 2010

 



Churchill China plc

1 April 2010

Directors' Shareholding

Churchill China plc (the 'Company') was notified today of the exercise of options by directors and others yesterday over, in aggregate, 45,500 ordinary shares and subsequent share sales today.

David Taylor, Finance Director, has exercised options over 7,500 shares at an exercise price of 118.5p per share and 22,500 shares at 151p per share and has sold 26,000 shares at 275 pence per share.  Following this transaction Mr Taylor's notifiable interest in the Company has increased by 4,000 shares and is now 17,500 Ordinary Shares representing 0.16% of the enlarged issued share capital.

David O'Connor, Managing Director, has exercised options over 10,000 shares at 171p per share and sold 10,000 shares at 275 per share.  Following this transaction Mr O'Connor's notifiable interest in the Company remains unchanged at 5,599 Ordinary Shares representing 0.05% of the enlarged issued share capital.

The options will be satisfied by the issue of 35,400 shares from treasury and 10,100 new shares.  Application has been made for the new shares to be admitted to trading on AIM.  Upon the shares being admitted to trading, the Company will have 10,957,976 Ordinary Shares in issue and the number of shares held in treasury is nil.

It is expected that dealings in these new Ordinary Shares, which rank pari passu in all respects with the existing Ordinary Shares, will commence on 9 April 2010.

For further details, please contact:

Churchill China plc                                                         01782 577566

David Taylor, Finance Director

Brewin Dolphin Investment Banking                                 0845 270 8610

Andrew Emmott

ENDS

 

END

 

 

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