REG - Churchill China PLC - PDMR Shareholding, Share Buyback and TVR

Churchill ChinaAnnouncement

25/05/2018 07:05

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: 01782 577566




David O'Connor / David Taylor


















Buchanan


Tel: 020 7466 5000




Mark Court / Sophie Wills / Gemma Mostyn-Owen


















N+1 Singer








Richard Lindley


Tel: 020 7496 3000




 




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