REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

23/10/2023 07:15

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RNS Number : 8772Q  Chesnara PLC  23 October 2023

 LEI Number: 213800VFRMBRTSZ3SJ06

 

23(rd) October 2023

 

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

 

NOTIFICATION OF PDMR DEALING

 

Chesnara (CSN.L), the European life insurance consolidator, today announces
that Chesnara plc Chair and PDMR Luke Savage has purchased ordinary shares of
5 pence each in the capital of the Company ("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                                                                 Non-Executive Director and Chair
 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
     code

                                                                                     ID Code: (GB00B00FPT80)
 b)  Nature of the transaction                                                       10,000 Ordinary Shares bought.
 c)  Price(s) and volume(s)                                                          Price: 262.99p.  Volume: 10,000.
 d)  Aggregated information                                                          N/A
 e)  Date of the transaction                                                         20(th) October 2023
 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:

 

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 (CSN.L) 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 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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