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2013 Performance Share Plan

16th May 2013 15:35

RNS Number : 9275E
Chime Communications PLC
16 May 2013
 



CHIME COMMUNICATIONS PLC

 

2013 Performance Share Plan

 

Chime Communications plc ('the Company'), the international communications and sports marketing group, announces the initial grant of nil-cost options under the Chime Communications plc 2013 Performance Share Plan ('the PSP') as approved by shareholders at the Annual General Meeting of the Company on 15 May 2013.

 

The initial grant of nil-cost options has been made to each of the two Executive Directors of the Company.

 

Nil-Cost Options over No. of Shares

Chief Executive

Chris Satterthwaite

410,958

Chief Operating Officer and Finance Director

Mark Smith

256,849

 

 

Each award is subject to the achievement of the stretching performance conditions over a four year period as outlined in the Circular sent to shareholders with the Notice of Meeting for the Annual General Meeting on 22nd April 2013. Further details may be obtained from the Notice of Meeting in the Investor Relations section of the Company's website http://www.chimeplc.com/business-overview/shareholder-notices.

 

 

For further details contact:

 

Robert Davison

Group Secretary

 

020 7096 5888

James Henderson

Victoria Geoghegan

Pelham Bell Pottinger

020 7861 3232

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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