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10 May 2016 16:20
FOR IMMEDIATE RELEASE 10 MAY 2016
Chemring Group PLC
Adjustments to Sharesave Awards
Adjustments have today been made to options over ordinary shares of 1 pence each in Chemring Group PLC ("Shares" and the "Company") previously granted to certain directors of the Company under the Chemring Group 2008 UK Sharesave Plan, in order to reflect the rights issue completed by the Company on 23 February 2016.
Name of director | Date of original grant
| Original number of Shares under option | Adjusted number of Shares under option | Original exercise price | Adjusted exercise price |
Michael Flowers | 30 July 2014 | 11,042 | 12,605 | £1.63 | £1.42 |
Steve Bowers | 30 July 2013 30 July 2014 | 6,276 9,202 | 7,164 10,505 | £2.39 £1.63 | £2.09 £1.42 |
The Company was informed of the above transactions on 10 May 2016.
This notification is being made in accordance with DTR 3.1.4(a).
Enquiries:
Sarah Ellard
Group Legal Director & Company Secretary
Chemring Group PLC
01794 833901
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