CSR 26 March 2015
CSR plc
(the "Company" and "CSR")
Announcement of the allotment of ordinary shares in the Company to
and dealing in ordinary shares of the Company by a Director
The Company announces that on Thursday 26 March 2015, Mr Will Gardiner, Chief Financial Officer and a director of the Company, pursuant to the terms of a trading plan, sold 74,256 ordinary shares in CSR in connection with the vesting on 26 March 2015 of 104,419 ordinary shares under the CSR plc 2011 Executive Incentive Plan, of which 49,256 ordinary shares were sold to satisfy the tax arising on the vesting and the acquisition costs equivalent to the nominal value of £0.001 per ordinary share.
The table below summarises the transaction on the day on which he traded.
Following the transaction, Mr Gardiner's shareholding in the Company is 330,683 ordinary shares.
A separate announcement concerning the transaction in accordance with Rule 8 of the Takeover Code has been issued.
Plan Name | Number of Shares Vesting | Exercise price per share | Number of shares sold | Sale price per share | Holding in Company |
CSR plc 2011 Executive Incentive Plan | 104,419 | £0.001 | 74,256 | £8.65 | 330,6831 |
1 This includes the 23,580 ordinary shares that Mr Gardiner has pledged, as previously announced.
Separate announcements have been made for the allotment of shares to and dealing in shares by other Directors in the Company and other Persons Discharging Managerial Responsibility.
Ends
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