REG - Chemring Group PLC - Director/PDMR Shareholding

ChemringAnnouncement

18/12/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231218:nRSR0659Xa&default-theme=true

RNS Number : 0659X  Chemring Group PLC  18 December 2023

18 December 2023

 

Chemring Group PLC

 

PDMR share dealings

 

 

Chemring Group PLC ("Chemring" or "the Company") announces that, on 15
December 2023, an award of 71,989 deferred ordinary 1p shares in the capital
of the Company previously granted to Michael Ord, a director of the Company,
vested. The deferred share award was originally made in satisfaction of 40% of
Mr Ord's annual bonus payment for the year ended 31 October 2020. 71,989
ordinary shares 1p were subsequently sold, of which 33,835 shares were sold by
the Company on behalf of Mr Ord to cover tax and national insurance
liabilities arising on vesting.

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

                                                                    Michael Ord

 2    Reason for the notification

 a)   Position/status                                              Director/PDMR

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Chemring Group PLC

 b)   LEI                                                          213800U9A54VQJ5P2J41

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Deferred award over ordinary 1p shares

      Identification code

                                                                   GB00B45C9X44
 b)   Nature of the transaction                                    Vesting of deferred award of shares in partial satisfaction of an annual bonus

                                                            payment

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       71,989

 

 d)   Aggregated information

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      15 December 2023

 f)   Place of the transaction                                     UK

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

15 December 2023

f)

 

Place of the transaction

 

 

UK

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

                                                                    Michael Ord

 2    Reason for the notification

 a)   Position/status                                              Director/PDMR

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Chemring Group PLC

 b)   LEI                                                          213800U9A54VQJ5P2J41

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary 1p shares

      Identification code

                                                                   GB00B45C9X44
 b)   Nature of the transaction                                    Sale of ordinary 1p shares following vesting of deferred share award

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   338p      71,989

 

 d)   Aggregated information

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      15 December 2023

 f)   Place of the transaction                                     UK

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

15 December 2023

f)

 

Place of the transaction

 

 

UK

 

 

For further information:

 

 Chemring Group PLC
 Sarah Ellard  Group Legal Director  +44 (0)7710 553757

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFFDFLLDLIV