REG - Chesnara PLC - Director/PDMR Shareholding
27/10/2022 14:45
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RNS Number : 3841E Chesnara PLC 27 October 2022
LEI Number: 213800VFRMBRTSZ3SJ06
27 October 2022
CHESNARA plc
("Chesnara", the "Company" or the "Group")
GRANT OF OPTIONS AND PDMR/DIRECTOR SHAREHOLDINGS
Chesnara announces that, as part of the Company's 2022 Save As You Earn Scheme
("2022 SAYE Scheme") a total of 43,280 options to subscribe for ordinary
shares of 5 pence each in the capital of the Company ("2022 SAYE Scheme
Options") have today been granted to Directors and other Persons Discharging
Managerial Responsibility ("PDMRs") of the Company.
Under the 2022 SAYE Scheme, which was made available to all eligible employees
of the Company, the 2022 SAYE Scheme Options have an exercise price,
calculated in accordance with the rules of the 2022 SAYE Scheme, of 220.40p
per 2022 SAYE Scheme Option. Subject to the rules of the 2022 SAYE Scheme,
participants will be able to exercise their 2022 SAYE Scheme Options within
six-months commencing 1 November 2025.
Including the Directors and PDMRs referred to above, a total of 33 employees
participated in the 2022 SAYE Scheme with a total of 156,787 2022 SAYE Scheme
Options being granted.
The following notifications have been made in accordance with the requirements
of the EU Market Abuse Regulation as part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Steven Murray
2 Reason for the notification
a) Position/status Group 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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) Option Price(s): 220.40p Volume: 8,166.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Deignan
2 Reason for the notification
a) Position/status Head Of Corporate Development
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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) Option Price(s): 220.40p Volume: 8,166.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Alastair Lonie
2 Reason for the notification
a) Position/status Group Chief of Staff
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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) Option Price(s): 220.40p Volume: 8,166.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Samuel Perowne
2 Reason for the notification
a) Position/status Head of Strategic Development and Investor Relations
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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) Option Price(s): 220.40p Volume: 8,166.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Richards
2 Reason for the notification
a) Position/status UK Finance Director and Group Financial Controller
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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) 1. Option Price(s): 220.40p Volume: 8,166.
2.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Amanda Wright
2 Reason for the notification
a) Position/status Group General Counsel and 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 Ordinary shares of 5 pence each
code
ID code: GB00B00FPT80
b) Nature of the transaction Grant of options to acquire Chesnara plc Ordinary Shares under the 2022 SAYE
Scheme
c) Price(s) and volume(s) Option Price(s): 220.40p Volume: 2,450.
d) Aggregated information N/A
e) Date of the transaction 26(th) October 2022
f) Place of the transaction Outside a trading venue (XOFF)
For further information, please contact:
Investor Enquiries
Sam Perowne
Head of Strategic Development & Investor Relations
Chesnara plc
E - sam.perowne@chesnara.co.uk (mailto: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 (mailto:roddy.watt@fwdconsulting.co.uk)
Notes to Editors
Chesnara is a European life and pensions consolidator listed on the London
Stock Exchange. It administers approximately one million policies and
operates as Countrywide Assured and CASLP in the UK, as The Waard Group,
Robein Leven N.V. 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 18 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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