Last checked at 23 Sep 2013 07:00
23 September 2013
Chamberlin plc
("Chamberlin" or the "Company")
Directors' shareholdings
Chamberlin plc (CMH.L), the specialist castings and engineering group, announced recently the appointments of Kevin Nolan as Chief Executive and David Roberts as Finance Director. The Company today announced that the Board has approved the grant of share options to the Executive Directors under the Chamberlin Share Option Plan (the "CSOP") at the direction of the Board's Remuneration Committee.
The Directors have been granted the following options:
Director | Number of options awarded | Exerciseprice | Exerciseperiod |
Kevin Nolan | 179,640 | 100.2p | 20 Sept 2016 -19 Sept 2023 |
David Roberts | 124,750 | 100.2p | 20 Sept 2016 - 19 Sept 2023 |
The share options will vest on or shortly after 20 September 2016 subject to satisfaction of certain performance conditions. Those share options that vest may be exercised in three equal tranches on or shortly after 20 September 2016, 20 September 2017 and 20 September 2018, subject to the Rules of the CSOP.
Mr Nolan has no other interest in the Company's share capital.
It was announced on 6 September 2013 that Mr David Roberts, the Company's Group Finance Director, has acquired 5,000 Chamberlin ordinary shares, representing 0.06 per cent. of the total voting rights of the Company. Mr Roberts has no other interest in the share capital of Chamberlin.
For further information, please contact:
Chamberlin plc | T: 01922 707100 |
Kevin Nolan, Chief Executive |
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Charles Stanley SecuritiesNominated Adviser | T: 020 7149 6000 |
Russell Cook / Carl Holmes |
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Biddicks | T: 020 3178 6378 |
Katie Tzouliadis |
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