CHG Chemring Group Plc

TIDMCHG

RNS Number : 8352X

Chemring Group PLC

10 May 2016

FOR IMMEDIATE RELEASE 10 MAY 2016

Chemring Group PLC

Adjustments to Sharesave Awards

Adjustments have today been made to options over ordinary shares of 1 pence each in Chemring Group PLC ("Shares" and the "Company") previously granted to certain directors of the Company under the Chemring Group 2008 UK Sharesave Plan, in order to reflect the rights issue completed by the Company on 23 February 2016.

 
 Name of          Date         Original     Adjusted    Original    Adjusted 
  director     of original      number       number      exercise    exercise 
                  grant        of Shares    of Shares     price       price 
                                 under        under 
                                option       option 
-----------  --------------  -----------  -----------  ----------  ---------- 
 Michael         30 July 
  Flowers          2014         11,042       12,605      GBP1.63     GBP1.42 
-----------  --------------  -----------  -----------  ----------  ---------- 
 
 Steve           30 July 
  Bowers           2013         6,276        7,164       GBP2.39     GBP2.09 
           30 July 
             2014                9,202       10,505      GBP1.63     GBP1.42 
 --------------------------  -----------  -----------  ----------  ---------- 
 

The Company was informed of the above transactions on 10 May 2016.

This notification is being made in accordance with DTR 3.1.4(a).

Enquiries:

Sarah Ellard

Group Legal Director & Company Secretary

Chemring Group PLC

01794 833901

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 10, 2016 11:20 ET (15:20 GMT)

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