15th Nov 2006 15:08
Churchill China PLC15 November 2006 Churchill China plc Issue of shares Under the terms of its approved and unapproved share option schemes, the Companyhas today allotted 40,000 new Ordinary Shares of 10p each as follows: Exercise price Number of Ordinary Shares Executive share option scheme 151p 24,500Executive share option scheme 171p 7,500Unapproved executive share option scheme 151p 500Unapproved executive share option scheme 171p 7,500 The new Ordinary Shares will rank pari passu with existing Ordinary Shares inissue and following the allotment, the total number of Ordinary Shares in issueis 10,902,126. Application has been made to AIM for the new Ordinary Shares to be admitted totrading. Certain of the options are being exercised by the Directors of the Company.Details of the options being exercised and the resulting shareholdings of therelevant Directors in the Company are as follows: Number of share Exercise price Total number of Percentage of options exercised Ordinary Shares held issued ordinary and Ordinary Shares following exercise share capital acquired of options David O'Connor 7,500 151p 12,099 0.11Ralph Grundy 9,500 151p 14,000 0.13Iain Hicks 7,500 171p 7,500 0.07 Additionally, Messrs. O'Connor, Grundy and Hicks respectively hold furtheroptions over 27,250, 45,500 and 10,000 Ordinary Shares in the Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Churchill China