Business
Issue of Equity, Director Shareholdings and TVR
Issue of Equity, Director Shareholdings and TVR.
About this update from Churchill China Plc
[{"type":"text","content":"\n \nRNS Number : 4039X Churchill China PLC 05 May 2016 \n\nChurchill China plc (the \"Company\")\nIssue of Equity, Transfer of Shares out of Treasury, Total Voting Rights and Director Shareholdings\n \nThe Company announces that on 3 May 2016 options over a total of 43,942 ordinary shares of 10p each in the Company (\"Ordinary Shares\") were exercised by Directors of the Company, as described further below.\n \nDavid O'Connor, Chief Executive Officer, has exercised options over 22,609 Ordinary Shares. David Taylor, Finance Director, exercised options over 21,333 Ordinary Shares.\n \nFollowing the exercise of options, David O'Connor's interest in the Company totals 54,414 Ordinary Shares, representing 0.5% of the Company's issued ordinary share capital. Following the exercise of options as described above, David Taylor's interest in the Company totals 66,682 Ordinary Shares, representing 0.6% of the Company's issued ordinary share capital.\n \nThe exercise of the share options has been satisfied by the transfer of 21,900 Ordinary Shares out of treasury, with the balance of 22,042 Ordinary Shares being by the issue of new Ordinary Shares by the Company.\n \nApplication has been made to the London Stock Exchange for the new Ordinary Shares issued to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will occur at 8.00 a.m. on 11 May 2016. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company. \n \nThe Company's share capital now consists of 11,030,172 Ordinary Shares, with no Ordinary Shares in treasury. Therefore, the total number of voting rights is 11,030,172.\n \nThe figure of 11,030,172 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Churchill China plc under the FCA's Disclosure and Transparency Rules\n \n\n\n\n\nFor further information, please contact:\n \n\n\n\n\nChurchill China plc\n\n\n Tel: 01782 577566\n\n\n\n\nDavid Taylor\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBuchanan\n\n\nTel: 020 7466 5000\n\n\n\n\nMark Court / Sophie Cowles / Jane Glover\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nN+1 Singer\n\n\n\n\n\n\...