Director/PDMR Shareholding

Chesnara

07/04/2025 12:09

RNS Number : 9507D

Chesnara PLC

07 April 2025

 

CHESNARA plc

("Chesnara" or "the Company")

 

LEI Number: 213800VFRMBRTSZ3SJ06

7 April 2025

NOTIFICATION OF PDMR & PCA DEALING

 

 

Chesnara plc (CSN.L) (the 'Company') announces that it has been informed that Mr Gavin Hughes, considered a PDMR in his capacity as Group Chief Risk Officer and Chief Actuary, transferred 3,275 ordinary shares of 5 pence each in the Company, to Mrs Emma Hughes, a person closely associated ("PCA") with Mr Hughes on 31 March 2025.

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gavin Hughes
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chesnara plc
b)
LEI
213800VFRMBRTSZ3SJ06
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 and identification code
Chesnara plc Ordinary shares of 5 pence each (Shares)
ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Transfer to PCA
c)
Price(s) and volume(s)
Price(s): nil. Volume: 3274
d)
Aggregated information
N/A
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Off Market Transaction (XOFF)

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Emma Hughes
2
Reason for the notification
a)
Position/status
PCA - Wife
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chesnara plc
b)
LEI
213800VFRMBRTSZ3SJ06
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 and identification code
Chesnara plc Ordinary shares of 5 pence each (Shares)
ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Transfer from Husband, Gavin Hughes, PDMR
c)
Price(s) and volume(s)
Price(s): nil. Volume: 3275
d)
Aggregated information
N/A
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Off Market Transaction (XOFF)

 

 

The above notification is made in accordance with the requirements of the EU Market Abuse Regulation (as retained in UK law).

 

 

For further information, please contact:

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk

 

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - roddy.watt@fwdconsulting.co.uk

 

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange.  It administers just under one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands and as Movestic in Sweden.

 

Following a three-pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in the UK, Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

 

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 20 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).

 

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