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Director/PDMR Shareholding

8 Aug 2014 12:28

RNS Number : 6701O
Chemring Group PLC
08 August 2014
 



Grant of new Share Options

 

On 6 August 2014 the Company received notification from the Yorkshire Building Society that the Directors listed below had been granted share options over a total of 31,826 ordinary shares of

1 pence each ("Ordinary Shares") on 30 July 2014 pursuant to the Company's Sharesave Plan.

 

The Options are exercisable at a price of 163 pence per Ordinary Share, being a 20 per cent discount to the market value of the Company's shares on the dealing day immediately prior to the date of invitation to apply for options.

 

The new options granted under the Company's Sharesave Plan will become exercisable in the period from 1 October 2017 to 31 March 2018 for the three year plan and 1 October 2019 to 31 March 2020 for the five year plan.

 

Name

Number of options awarded pursuant to the Sharesave Plan over Ordinary Shares

Exercise price

Exercise period

Total number of shares over which options held as at the date of this announcement (Sharesave Plan and Performance Share Plan)

 

Steven Bowers

9,202

163p

1 October 2019 to 31 March 2020

359,007

Sarah Ellard

11,042

163p

1 October 2017 to 31 March 2018

386,410

Michael Flowers

11,042

163p

1 October 2017 to 31 March 2018

371,711

 

 

 

The above transaction has been notified for the purposes of DTR 3.1.2R and DTR 3.1.4R.

 

 

Caroline Speller

Assistant Company Secretary

T: 01794 833911

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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