Director/PDMR Shareholding
April 01 2010 - 11:46AM
UK Regulatory
TIDMCHH
RNS Number : 6850J
Churchill China PLC
01 April 2010
Churchill China plc
1 April 2010
Directors' Shareholding
Churchill China plc (the 'Company') was notified today of the exercise of
options by directors and others yesterday over, in aggregate, 45,500 ordinary
shares and subsequent share sales today.
David Taylor, Finance Director, has exercised options over 7,500 shares at an
exercise price of 118.5p per share and 22,500 shares at 151p per share and has
sold 26,000 shares at 275 pence per share. Following this transaction Mr
Taylor's notifiable interest in the Company has increased by 4,000 shares and is
now 17,500 Ordinary Shares representing 0.16% of the enlarged issued share
capital.
David O'Connor, Managing Director, has exercised options over 10,000 shares at
171p per share and sold 10,000 shares at 275 per share. Following this
transaction Mr O'Connor's notifiable interest in the Company remains unchanged
at 5,599 Ordinary Shares representing 0.05% of the enlarged issued share
capital.
The options will be satisfied by the issue of 35,400 shares from treasury and
10,100 new shares. Application has been made for the new shares to be admitted
to trading on AIM. Upon the shares being admitted to trading, the Company will
have 10,957,976 Ordinary Shares in issue and the number of shares held in
treasury is nil.
It is expected that dealings in these new Ordinary Shares, which rank pari passu
in all respects with the existing Ordinary Shares, will commence on 9 April
2010.
For further details, please contact:
Churchill China plc
01782 577566
David Taylor, Finance Director
Brewin Dolphin Investment Banking 0845 270 8610
Andrew Emmott
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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