PDMR Shareholding, Share Buyback and TVR

RNS Number : 2631P

Churchill China PLC

25 May 2018

 

CHURCHILL CHINA plc

("Churchill China" or the "Company")

PDMR dealing, share buyback and total voting rights

Churchill China plc (AIM: CHH), the manufacturer of innovative performance ceramic products serving hospitality markets worldwide, announces that on 24 May 2018 certain PDMRs undertook the following transactions in the ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares"):

		Number of options exercised	Number of Ordinary Shares sold	Resultant Interest in Ordinary Shares	Resultant Interest in Ordinary Shares (%)
David O'Connor	Chief Executive Officer	16,804	13,804	51,520	0.47
David Taylor	Finance Director	14,123	13,123	61,555	0.56
James Roper	Sales and Marketing Director	Nil	24,000	1,010,835	9.21

The exercise of the share options has been satisfied by the transfer of 30,927 Ordinary Shares out of Treasury.  

In addition, the Company bought 20,000 Ordinary Shares at a price of 940p per Ordinary Share, to be held in Treasury.

Total voting rights

Following the above transaction the Company holds 56,922 Ordinary shares in Treasury and its share capital now consists of 11,030,172 Ordinary Shares. Therefore, the total number of voting rights is 10,973,250. 

The figure of 10,973,250 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Churchill China plc under the FCA's Disclosure and Transparency Rules

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David O'Connor
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Churchill China plc
b)	LEI	213800GQ51I4LZQ5AR09
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
	Identification code	GB0001961035
b)	Nature of the transaction	Exercise of options to acquire Ordinary Shares
c)	Price(s) and volume(s)
			Exercise price(s)	Volume(s)
			10 pence	16,804
d)	Aggregated information	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2018
f)	Place of the transaction	Off market
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
	Identification code	GB0001961035
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			940 pence	13,804
d)	Aggregated information	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Taylor
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Churchill China plc
b)	LEI	213800GQ51I4LZQ5AR09
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
	Identification code	GB0001961035
b)	Nature of the transaction	Exercise of options to acquire Ordinary Shares
c)	Price(s) and volume(s)
			Exercise price(s)	Volume(s)
			10 pence	14,123
d)	Aggregated information	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2018
f)	Place of the transaction	Off market
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
	Identification code	GB0001961035
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			940 pence	13,123
d)	Aggregated information	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Roper
2	Reason for the notification
a)	Position/status	Sales and Marketing Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Churchill China plc
b)	LEI	213800GQ51I4LZQ5AR09
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 10 pence each
	Identification code	GB0001961035
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			940 pence	24,000
d)	Aggregated information	n/a
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2018
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Churchill China plc	Tel: [phone]
David O'Connor / David Taylor
Buchanan	Tel: [phone]
Mark Court / Sophie Wills / Gemma Mostyn-Owen
N+1 Singer
Richard Lindley	Tel: [phone]

 

END

 

 

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