REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

24/04/2025 07:02

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RNS Number : 9401F  Chesnara PLC  24 April 2025

 LEI Number: 213800VFRMBRTSZ3SJ06

 

24(th) April 2025

 

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

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY ('PDMRs')

 

Chesnara plc (CSN.L) announces that on 22(nd) April 2025, newly appointed
Group General Counsel and PDMR Emma Dawe was granted an award over the
ordinary shares of the Company under the Chesnara plc 2023 Long Term Incentive
Plan.  This award was made in accordance with the Directors' Remuneration
Policy which was approved by shareholders on 16(th) May 2023.

 

Emma is a member of the Group Senior Leadership Team and joins Chesnara with
over a decade of experience advising private and listed Financial Services
clients on strategic activity including M&A working for leading Global law
firms Pinsent Masons and, recently in a development role, at Kirkland &
Ellis International LLP.

 

The notification for PDMR is being made in accordance with the requirements of
the UK Market Abuse Regulations and provides further detail of the award
granted.

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Natural person:                                                              Emma Dawe

 b)   Legal
      person
 2    Reason for the notification
 a)   Position/status:                                                             Group General Counsel
 b)   Initial notification/amendment                                               Initial notification
 3    Details of the Issuer
 a)   Name                                                                         Chesnara plc
 b)   Legal Entity Identifier:                                                     213800VFRMBRTSZ3SJ06
 4    Details of the transaction(s): Parts a-d of this section are 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 (Identification  Chesnara plc Ordinary Shares of 5 pence each
      code)

                                                                                   (GB00B00FPT80)
 b)   Nature of the transaction                                                    Granted under the Chesnara 2023 Long Term Incentive Plan, the option is
                                                                                   subject to performance targets over a period of three financial years.

                                                                                   Subject to the achievement of the performance target, the option will become
                                                                                   exercisable on 22(nd) April 2028 and remain exercisable up to and including
                                                                                   22(nd) April 2035 if not exercised before that date.
 c)   Price(s) and volume(s)                                                       Price(s)                                 Volume(s)
      Nil                                                                                                                   37,109 Ordinary shares of 5p each
 d)   Aggregated information

      - Aggregated volume                                                          -    37,109 ORDINARY SHARES OF 5P EACH

      - Price                                                                      -    Nil
 e)   Date of the transaction (YYYY - MM - DD)                                     2025-04-22
 f)   Place of the transaction                                                     XOFF

 

 

 Name of authorised official of issuer responsible for making notification: -

 Al Lonie, Group Chief of Staff & Company Secretary

 Date of notification: - 24(th) April 2025

 

The above notification is made in accordance with the requirements of the UK
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

Misha Bayliss - +44 20 7427 5465

Oscar Burnett - +44 20 7427 5435

Teneo

E - chesnara@teneo.com (mailto:chesnara@teneo.com)

 

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the
London Stock Exchange.  It administers just under 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 the UK, 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 20 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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