REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

05/04/2022 14:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220405:nRSE3548Ha&default-theme=true

RNS Number : 3548H  Chesnara PLC  05 April 2022

LEI Number: 213800VFRMBRTSZ3SJ06

05 April 2022

 

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

 

NOTIFICATION OF PDMR DEALING

 

 

Chesnara announces that Finance Director, David Rimmington, a PDMR of the
Company, has transferred 36,001 ordinary shares of 5 pence each ("Ordinary
Shares") to his wife. Mr. Rimmington's beneficial holding has not changed as a
result of this transfer so he remains interested in 108,282 Ordinary Shares of
the Company, representing 0.072 per cent. of the issued share capital.

 

 

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                                                                            David Rimmington
 2   Reason for the notification
 a)  Position/status                                                                 Finance 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                                                       Transfer to Wife
 c)  Price(s) and volume(s)                                                          Price(s): nil.  Volume: 36,001.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         31 March 2022
 f)  Place of the transaction                                                        Off Market Transaction (XOFF)

 

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                            Clare Rimmington
 2   Reason for the notification
 a)  Position/status                                                                 Person Closely Associated (PCA) - Wife of Finance 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                                                       Transfer from Husband, David Rimmington, Chesnara Finance Director
 c)  Price(s) and volume(s)                                                          Price(s): nil.  Volume: 36,001.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         31 March 2022
 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:

 

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 approximately 960,000 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 17 years in succession.

 

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

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  DSHUPURCCUPPGPA