REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

29/06/2023 09:30

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RNS Number : 3756E  Chesnara PLC  29 June 2023

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

 

LEI Number: 213800VFRMBRTSZ3SJ06

29 June 2023

NOTIFICATION OF PDMR & PCA DEALING

 

 

Chesnara plc (the 'Company') today announces that the Company's Finance
Director, David Rimmington, a PDMR of the Company, transferred 32,637 ordinary
shares of 5 pence each in the Company ("Ordinary Shares") to his wife.

 

 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: 32,637.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         27 June 2023
 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: 32,637.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         27 June 2023
 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 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 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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