REG - Churchill China PLC - Issue of Equity, Director Shareholdings and TVR <Origin Href="QuoteRef">CHCH.L</Origin>
RNS Number : 8780QChurchill China PLC22 June 2015Churchill China plc (the "Company")
Issue of Equity, Transfer of Shares out of Treasury,
Director Shareholdings and Total Voting Rights
The Company announces that options over a total of 96,254 ordinary shares of 10p each in the Company ("Ordinary Shares") have today been exercised by directors of the Company, as described further below.
David O'Connor, Chief Executive Officer, has exercised options over 49,524 Ordinary Shares and David Taylor, Finance Director, has exercised options over 46,730 Ordinary Shares.
Following the exercise of the options, David O'Connor's interest in the Company totals 55,524 Ordinary Shares, representing 0.5% of the Company's issued ordinary share capital and David Taylor's interest in the Company totals 67,730 Ordinary Shares, representing 0.6% of the Company's issued ordinary share capital.
The exercise of the share options has been satisfied by the transfer of 46,100 Ordinary Shares out of treasury, with the balance of 50,154 Ordinary Shares being by the issue of new Ordinary Shares by the Company.
Application has been made to the London Stock Exchange for the new Ordinary Shares issued to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 26 June 2015. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company.
The Company'sshare capital now consists of11,008,130Ordinary Shares, with 1,900Ordinary Shares in treasury. Therefore, the total number of voting rights is11,006,230.
The figure of11,006,230 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 plcunder the FCA's Disclosure andTransparencyRules
For further information, please contact:
Churchill China plc
Tel: 01782 577566
David Taylor
N+1 Singer
Richard Lindley / James White
Tel: 0207 496 3000
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCBUGDLRBDBGUD
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