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

 

END

 

 

RDSBRBFTMBITBLI