REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

29/09/2020 07:00

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RNS Number : 3437A  Chesnara PLC  29 September 2020

CHESNARA plc
("Chesnara" or "the Company")

 

LEI Number: 213800VFRMBRTSZ3SJ06

29 September 2020

NOTIFICATION OF PDMR DEALING

 

 

Chesnara plc (the 'Company') today announces that PDMR Eamonn Flanagan has
purchased ordinary shares in the market.

 

 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  Chesnara plc Ordinary shares of 5 pence each (Shares)
     code

                                                                                     ID Code: (GB00B00FPT80)
 b)  Nature of the transaction                                                       Market Purchase
 c)  Price(s) and volume(s)                                                          Price(s): 272.0p.  Volume: 30,000.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         28 September 2020
 f)  Place of the transaction                                                        London Stock Exchange (XLON)

 

The above notification is made in accordance with the requirements of the EU
Market Abuse Regulation.

 

For further information, please contact:

 

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

 

T   -    020 7280 0651

E   -    roddy.watt@fwdconsulting.co.uk
(mailto:roddy.watt@fwdconsulting.co.uk)

Notes to Editors

 

Chesnara is a life and pensions company listed on the London Stock Exchange.
It administers over 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 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 15 years in succession.

 

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

 

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