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CSR | Directorpdmr Shareholding | RNS

RNS Number : 2113Y
CSR plc
27 February 2012
 



27 February 2012

 

CSR plc

 

(the Company)

 

Dealing by Person Discharging Managerial Responsibility

Announcement of the automatic vesting of options and

disposal of ordinary shares of the Company

 

 

The Company announces that on 24 February 2012, Mr Ahmet Alpdemir, Senior Vice President of the Mobile Business Unit, acquired 18,525 ordinary shares in the Company following the automatic vesting of RSU's pursuant to the terms of grant. In accordance with the conditions attaching to the vesting, 7,791 ordinary shares were sold at a price of £2.475 per share in order to satisfy the tax liability arising on vesting. Following the disposal, Mr Alpdemir holds 25,498 ordinary shares in the Company.

 

ENDS

 


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CSR plc is an United Kingdom-based holding company. The Company is a provider of multifunction connectivity, audio, and location platforms. The Company is engaged in designing and supplying of integrated circuits (silicon chips) and multifunction platforms for a range of devices and applications that are used in a range of consumer electronics products. It operates in three segments: Automotive, Voice and Music and Consumer. Automotive segment includes automotive infotainment and portable navigation devices. Voice and Music segment representing all its audio products. Consumer segment includes gaming, home entertainment, personal computers (PCs), tablets, document imaging, health and fitness, and cameras. The Company’s subsidiaries include Cambridge Silicon Radio Holdings Limited and NordNav Technologies Aktiebolag. more »

Share Price (Full)
845p
Change
-2.5  -0.3%
P/E (fwd)
25.4
Yield (fwd)
1.5
Mkt Cap (£m)
1,400