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22 May 2013 15:31
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Chime Communications plc
("Chime or "The Company")
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Director Dealings Notification
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The Company has today purchased 19,018 ordinary shares of 25 pence each of the Company ("Shares") at a price of 261.5 pence per share to meet its remuneration commitments to the Chairman, Lord Davies.
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As previously notified to shareholders, Lord Davies remuneration includes a commitment by the Company to pay Β£50,000 of his fees in shares. There are no direct restrictions on sale of these shares, however, Lord Davies' contract includes a commitment by him to make a matching investment each year in the Company building to a total of Β£300,000 by the end of April 2016.
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Following the purchase Lord Davies holds a beneficial interest in a total of 19,018 Shares representing 0.02% of the total issued share capital of the Company.
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The issued share capital of the Company at 21 May 2013 is 85,158,796 shares.
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Robert Davison, Company Secretary | Tel: 020 7096 5888 |
Β James Henderson / Victoria Geoghegan Pelham Bell Pottinger | Β Tel: 020 7861 3232 |
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