REG - Chemring Group PLC - Director/PDMR Shareholding

ChemringAnnouncement

18/12/2024 13:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241218:nRSR6237Qa&default-theme=true

RNS Number : 6237Q  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 an award of 255,555 ordinary 1p shares in the capital of the Company
previously granted to Michael Ord, a director of the Company, on 15 December
2021 under the Chemring Group Performance Share Plan vested in part to the
extent of 249,498 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, 117,852 ordinary 1p
shares were sold by the Company on behalf of Mr Ord 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

                                                                    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                                    Vesting of performance share plan award

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       249,498

 

 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

                                                                    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 to meet tax and national insurance liabilities

                                                            following vesting of performance share plan award

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   314.5p    117,852

 

 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

 

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  DSHFLFFVFVLTLIS