23 July 2025
CHESNARA plc
("Chesnara", "the Company" or the "Group")
NOTIFICATION OF PDMR/PCA DEALING
Chesnara plc (CSN.L) announces that several PDMRs have acquired ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the Rights Issue announcement and Prospectus publication on 3rd July 2025.
Following the uptake of 132,019 ordinary shares of 5p each by Steven Murray and 4,515 ordinary shares by Elsie Murray (PCA of Steven Murray), Steven Murray now holds a total (indirect) interest in 382,858 shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Steven Murray
2
Reason for the notification
a)
Position/status
Chief Executive Officer
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 132,019
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Elsie Murray
2
Reason for the notification
a)
Position/status
PCA of Steven Murray
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 4,515
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 13,907 ordinary shares of 5p each, Tom Howard now holds a total interest in 40,332 Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tom Howard
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 13,907
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 15,789 ordinary shares of 5p each, Luke Savage now holds a total interest in 45,789 Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Luke Savage
2
Reason for the notification
a)
Position/status
Chairman and Non-Executive Director
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 15,789
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 15,789 ordinary shares of 5p each, Eamonn Flanagan now holds a total interest in 45,789 Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Eamonn Flanagan
2
Reason for the notification
a)
Position/status
Non-Executive Director
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 15,789
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 15,789 ordinary shares of 5p each, Carol Hagh now holds a total interest in 45,789 number of Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Carol Hagh
2
Reason for the notification
a)
Position/status
Non-Executive Director
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 15,789
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 13,305 ordinary shares of 5p each, Al Lonie now holds a total interest in 38,586 number of Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Al Lonie
2
Reason for the notification
a)
Position/status
Group Chief of Staff and Group Company Secretary
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 13,305
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
Following the uptake of 1,723 ordinary shares of 5p each by Emma Hughes (PCA of Group Chief Risk Officer & Group Chief Actuary Gavin Hughes), Gavin Hughes now holds a total (indirect) interest in 4,998 Ordinary shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Emma Hughes
2
Reason for the notification
a)
Position/status
PCA of Gavin Hughes, Group Chief Risk Officer & Group Chief Actuary
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 ID Code:(GB00B00FPT80)
b)
Nature of the transaction
Ordinary Shares acquired through a rights issue
c)
Price(s) and volume(s)
Price: 176p Volume: 1,723
d)
Aggregated information
N/A
e)
Date of the transaction
23 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
The above notifications are made in accordance with the requirements of the UK Market Abuse Regulation.
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
Misha Bayliss - +44 20 7427 5465
Oscar Burnett - +44 20 7427 5435
Teneo
E - chesnara@teneo.com
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 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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