26 March 2015
CSR plc
(the "Company")
Announcement of the allotment of ordinary shares in the Company
to and dealing in ordinary shares in the Company by
Persons Discharging Managerial Responsibility ("PDMRs")
The Company announces that on 26 March 2015, pursuant to the vesting of awards granted under the CSR plc 2011 Executive Incentive Plan (the "Plan"), ordinary shares of par value £0.001 in the Company were allotted to each of the PDMRs named in the table below.
As permitted by the rules of the Plan, and consistent with the terms of trading plans, on 26 March 2015, each of the PDMRs sold sufficient shares to satisfy the tax arising on the allotment of the ordinary shares and acquisition costs equivalent to the nominal value of £0.001 per ordinary share. The shares were sold at a price of £8.65 per ordinary share.
The respective holdings of each of the PDMRs in the ordinary shares of the Company immediately after the allotments are stated in the table below.
Shares allotted | Shares sold to meet tax on vesting | Holding in the Company following the transactions | |
A Dolinko | 79,024 | 44,250 | 181,061 |
A Murray | 68,987 | 32,543 | 92,763 |
S Gray | 74,213 | 28,675 | 85,472 |
Separate announcements have been made for the allotment of shares to and dealing in shares by Directors in the Company.
ENDS
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