REG - Chemring Group PLC - Director/PDMR Shareholdings

ChemringAnnouncement

27/02/2025 14:45

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RNS Number : 7635Y  Chemring Group PLC  27 February 2025

27 February 2025

 

Chemring Group PLC

 

Grant of long term incentive awards

 

 

Chemring Group PLC ("Chemring" or the "Company") announces that it has today
granted conditional awards over 1p ordinary shares in the capital of the
Company to Michael Ord, James Mortensen and Sarah Ellard, directors of the
Company, under the Chemring Group Long Term Incentive Plan, as detailed below.

 

 

 Name of director  Number of conditional shares awarded
 Michael Ord       38,904
 James Mortensen   26,948
 Sarah Ellard      19,626

 

 

No consideration was paid for the grant of the awards and no consideration is
due on vesting of the awards. The awards will ordinarily vest on 18 December
2027 subject to each grantee's continued service and to the extent performance
conditions are satisfied. Any shares which vest, post-tax, will be subject to
an additional two-year holding period.

 

The proposed awards were disclosed in the directors' remuneration report
included within the Company's 2024 annual report and the awards were made
following approval of the updated directors' remuneration policy at the Annual
General Meeting held on 26 February 2025.

 

 

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  Conditional award over 1p ordinary shares

      Identification code

                                                                   GB00B45C9X44
 b)   Nature of the transaction                                    Conditional award under the Chemring Group Long Term Incentive Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       38,904

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      27 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

27 February 2025

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  Conditional award over 1p ordinary shares

      Identification code

                                                                   GB00B45C9X44
 b)   Nature of the transaction                                    Conditional award under the Chemring Group Long Term Incentive Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       26,948

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      27 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

27 February 2025

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

                                                                    Sarah Ellard

 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  Conditional award over 1p ordinary shares

      Identification code

                                                                   GB00B45C9X44
 b)   Nature of the transaction                                    Conditional award under the Chemring Group Long Term Incentive Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       19,626

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      27 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

27 February 2025

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

For further information:

 

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

 

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