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12 Mar 2010 15:15
12 March 2010
Chime Communications plc
("Chime" or "the Company")
Director's sale of shares and purchase by the Chime Communications plc Employee Trust ("the Trust")
The Board of Chime announces that on 10 March 2010, Piers Pottinger, Deputy Chairman, sold 95,694 shares in the Company to the Trust.
The shares were purchased by the Trust to meet it's obligations under the Company's employee incentive schemes.
As a result of the sale, Piers Pottinger holds 305,466 shares in the Company (0.43% of the issued share capital of the Company).
As a result of the purchase, the shares held in the Trust to meet future obligations under the Company's share-based incentive schemes is 1,010,400 (1.44% of the issued share capital of the Company).
The sale was made at the price of 209 pence per share.
The Chime shares referred to above are Chime's ordinary shares of 25p each and the total number of shares in issue is 69,843,357 with each ordinary share carrying the right to vote.
Enquiries:
Chime Communications plc
Robert Davison, Company Secretary
Tom Tolliss, Deputy Secretary Tel: 020 7861 8515
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