REG - Chamberlin PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CMH.L</Origin>

ChamberlinAnnouncement

27/11/2014 17:00

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

This information is provided by RNS
The company news service from the London Stock Exchange
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