Director/PDMR Shareholding

RNS Number : 5856O

Chamberlin PLC

23 September 2013

 



23 September 2013

Chamberlin plc

("Chamberlin" or the "Company")

Directors' shareholdings

Chamberlin plc (CMH.L), the specialist castings and engineering group, announced recently the appointments of Kevin Nolan as Chief Executive and David Roberts as Finance Director.  The Company today announced that the Board has approved the grant of 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	Exercise period
Kevin Nolan	179,640	100.2p	20 Sept 2016 - 19 Sept 2023
David Roberts	124,750	100.2p	20 Sept 2016 - 19 Sept 2023

The share options will vest on or shortly after 20 September 2016 subject to satisfaction of certain performance conditions. Those share options that vest may be exercised in three equal tranches on or shortly after 20 September 2016, 20 September 2017 and 20 September 2018, subject to the Rules of the CSOP.

Mr Nolan has no other interest in the Company's share capital.

It was announced on 6 September 2013 that Mr David Roberts, the Company's Group Finance Director, has acquired 5,000 Chamberlin ordinary shares, representing 0.06 per cent. of the total voting rights of the Company.  Mr Roberts has no other interest in the share capital of Chamberlin.

For further information, please contact:

Chamberlin plc	T: 01922 707100
Kevin Nolan, Chief Executive
Charles Stanley Securities Nominated Adviser	T: 020 7149 6000
Russell Cook / Carl Holmes
Biddicks	T: 020 3178 6378
Katie Tzouliadis

 

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