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RNS Number : 6233Q Chemring Group PLC 18 December 2024
18 December 2024
Chemring Group PLC
PDMR share dealings
Chemring Group PLC ("Chemring" or the "Company") announces that on 17 December
2024 a conditional award of 79,665 ordinary 1p shares in the capital of the
Company previously granted to James Mortensen, a director of the Company, on
13 December 2023 vested in part to the extent of 77,776 ordinary 1p shares.
The balance of the award has lapsed. Further details on the basis for vesting
of the award were disclosed in the Company's 2024 Annual Report. Following the
vesting, 36,739 ordinary 1p shares were sold by the Company on behalf of Mr
Mortensen on 18 December 2024 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
James Mortensen
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 Vesting of conditional share award
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 77,776
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 17 December 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
17 December 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
James Mortensen
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 to meet tax and national insurance liabilities
following vesting of conditional share award
c) Price(s) and volume(s)
Price(s) Volume(s)
314.5p 36,739
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 18 December 2024
f) Place of the transaction XLON - London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
18 December 2024
f)
Place of the transaction
XLON - London Stock Exchange
For further information:
Chemring Group PLC
Sarah Ellard Group Legal Director & Company Secretary +44 (0)7710 553757
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