Bailey(C.H.) PLC Issuance of treasury shares and Director dealing (8560R)

TIDMBLEY

RNS Number : 8560R

Bailey(C.H.) PLC

11 March 2016

C H Bailey Plc

11 March 2016

Issuance of treasury shares and Director dealing

C H Bailey Plc ("the Company" of "the Group"), the diverse group of businesses, with investments and operations around the world in Leisure, Property principally in Tanzania and Malta and a UK engineering business, announces that it has today issued a total of 23,147 ordinary shares of 10p each held in treasury ("Treasury Shares") to Directors in lieu of cash fees payable ("Remuneration Shares").

The Remuneration Shares have been granted to certain Directors in lieu of fees. The Remuneration Shares were priced at 142.5p per ordinary share, being the closing mid market price on 10 March 2016.

The interests held by the relevant Directors following the above movements in shares are tabled below:-

 
 Director           Last shareholding          Number of   Current interest 
                             notified    Treasury Shares        in Ordinary 
                                                  issued        Shares held 
-----------------  ------------------  -----------------  ----------------- 
 Sir William 
  McAlpine                     28,000              4,631             32,631 
-----------------  ------------------  -----------------  ----------------- 
 Christopher 
  Fielding                          -             12,386             12,386 
-----------------  ------------------  -----------------  ----------------- 
 David Wilkinson                    -              6,130              6,130 
-----------------  ------------------  -----------------  ----------------- 
 

Following the Remuneration Shares transfer, the total number of issued ordinary shares in the Company is 8,335,413 of which 704,511 are held as Treasury Shares.

The number of voting rights in the Company is therefore 7,630,902. This figure should be used by shareholders as the denominator in the calculation of their interest in the Company.

The Remuneration Shares to be released from treasury have already been admitted to trading on AIM and no further application is necessary.

Contacts:

CH Bailey plc

Bryan Warren, Company Secretary

[phone]

Arden Partners plc

James Felix, Ciaran Walsh

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 11, 2016 06:30 ET (11:30 GMT)