REG - Churchill China PLC - Issue of Equity, Director Shareholdings and TVR <Origin Href="QuoteRef">CHCH.L</Origin>
RNS Number : 4039XChurchill China PLC05 May 2016Churchill China plc (the "Company")
Issue of Equity, Transfer of Shares out of Treasury, Total Voting Rights and Director Shareholdings
The Company announces that on 3 May 2016 options over a total of 43,942 ordinary shares of 10p each in the Company ("Ordinary Shares") were exercised by Directors of the Company, as described further below.
David O'Connor, Chief Executive Officer, has exercised options over 22,609 Ordinary Shares. David Taylor, Finance Director, exercised options over 21,333 Ordinary Shares.
Following the exercise of options, David O'Connor's interest in the Company totals 54,414 Ordinary Shares, representing 0.5% of the Company's issued ordinary share capital. Following the exercise of options as described above, David Taylor's interest in the Company totals 66,682 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 21,900 Ordinary Shares out of treasury, with the balance of 22,042 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 11 May 2016. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company.
The Company'sshare capital now consists of11,030,172Ordinary Shares, with noOrdinary Shares in treasury. Therefore, the total number of voting rights is11,030,172.
The figure of11,030,172 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
Buchanan
Tel: 020 7466 5000
Mark Court / Sophie Cowles / Jane Glover
N+1 Singer
Richard Lindley / James White
Tel: 0207 496 3000
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCBXGDUBSGBGLU
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