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15 Sep 2010 15:15
Chime Communications plc
("Chime" or "the Company")
Directors' sale of ordinary shares of 25 pence in the Company "Shares"
The Directors' dealing notification made yesterday contained an error in the figures reported for Lord Bell. The correct position is as follows:
Lord Bell (Chairman) received awards of 312,863, in addition, 42,900 shares awarded to Lord Bell under the Deferred Share Plan 2006, and held by him in the Trust under the terms of the Plan as deposited shares, were transferred into his holding as a result of the maturity of the Plan.
As a result of the vesting, the following sales of shares by Directors took place on the 13th September 2010:
Lord Bell
Lord Bell received 355,763 shares as a result of the release of awards and sold 182,348 shares to satisfy the tax liability arising on the vesting of the award shares. The remaining shares were transferred to his existing holding. As a result of the vesting and the sale of shares Lord Bell now holds 719,597 shares (0.98% of the issued share capital of the Company).
The error in the previous announcement reported the number of shares received and the total holding of Lord Bell as 9,000 shares higher than is actually the case. This was due to a clerical error.
Enquiries:
|
Tom Tolliss, Deputy Secretary |
Tel: 020 7861 8515 |
|
Chime Communications plc |
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