7th Apr 2015 10:16
Chime Communications plc
("Chime or "The Company")
Director Dealings Notification
The Company received notification on 2 April 2015 that the Chairman, Lord Davies, has purchased 17,936 ordinary shares of 25 pence each of the Company ("Shares") at a price of 278.76 pence per share.
As previously notified to shareholders, the remuneration of Lord Davies includes a commitment by the Company to pay £50,000 per annum for the purchase of Chime Shares. Additionally, Lord Davies' contract includes an obligation to purchase a matching investment each year in the Company building to a total of £300,000 by the end of April 2016. There are no direct restrictions on sale of these Shares.
Following the purchase, Lord Davies holds a beneficial interest in a total of 67,785 Shares representing 0.07% of the total issued share capital of the Company.
The issued share capital of the Company at 7 April 2015 is 100,161,417 Shares.
For further information please contact:
Mark Smith, Chief Operating Officer and Finance Director Chime Communications | 020 7096 5888 |
James Henderson / Victoria Geoghegan / Elizabeth Snow Bell Pottinger Pelham | 020 3772 2562 |
Related Shares:
CHW.L