REG - Chesnara PLC - Director/PDMR Shareholding
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RNS Number : 3302Y Chesnara PLC 27 March 2026
LEI Number: 213800VFRMBRTSZ3SJ06
27(th) March 2026
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 25(th) March 2026 and in accordance
with the current Directors' Remuneration Policy, which was approved by
shareholders on 16(th) May 2023, Group Chief Executive Steven Murray, Group
Chief Financial Officer Thomas Howard, Group General Counsel Emma Dawe and
Group Company Secretary Alastair Lonie (all PDMRs) were granted awards over
the ordinary shares of the Company under the Chesnara plc 2023 Short Term
Incentive Scheme and Chesnara plc 2023 Long Term Incentive Plan.
The notifications for each PDMR below, which are being made in accordance with
the requirements of the UK Market Abuse Regulations, provide further detail of
the awards granted to each PDMR.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Natural person: Steven Murray
b) Legal
person
2 Reason for the notification
a) Position/status: Group Chief Executive Officer
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 GRANT 1
Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not
subject to a performance target.
The option will become exercisable on 25(t)(h) March 2029 and remain
exercisable up to and including 25(th) March 2036 if not exercised before that
date.
GRANT 2
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 25(th) March 2029 and remain exercisable up to and including
25(th) March 2036 if not exercised before that date.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil GRANT 1
63,525 Ordinary shares of 5p each
Nil GRANT 2
231,034 Ordinary shares of 5p each
d) Aggregated information
- Aggregated volume - 294,559 ORDINARY SHARES OF 5P EACH
- Price - Nil
e) Date of the transaction (YYYY - MM - DD) 2026-03-25
f) Place of the transaction XOFF
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Natural person: Thomas Howard
b) Legal
person
2 Reason for the notification
a) Position/status: Group Chief Financial Officer
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 GRANT 1
Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not
subject to a performance target.
The option will become exercisable on 25(t)(h) March 2029 and remain
exercisable up to and including 25(th) March 2036 if not exercised before that
date.
GRANT 2
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 25(th) March 2029 and remain exercisable up to and including
25(th) March 2036 if not exercised before that date.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil GRANT 1
42,052 Ordinary shares of 5p each
Nil GRANT 2
123,103 Ordinary shares of 5p each
d) Aggregated information
- Aggregated volume - 165,155 ORDINARY SHARES OF 5P EACH
- Price - Nil
e) Date of the transaction (YYYY - MM - DD) 2026-03-25
f) Place of the transaction XOFF
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 GRANT 1
Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not
subject to a performance target.
The option will become exercisable on 25(t)(h) March 2029 and remain
exercisable up to and including 25(th) March 2036 if not exercised before that
date.
GRANT 2
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 25(th) March 2029 and remain exercisable up to and including
25(th) March 2036 if not exercised before that date.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil GRANT 1
10,028 Ordinary shares of 5p each
Nil GRANT 2
47,293 Ordinary shares of 5p each
d) Aggregated information
- Aggregated volume - 57,321 ORDINARY SHARES OF 5P EACH
- Price - Nil
e) Date of the transaction (YYYY - MM - DD) 2026-03-25
f) Place of the transaction XOFF
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Natural person: Alastair Lonie
b) Legal
person
2 Reason for the notification
a) Position/status: Group Company Secretary
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 GRANT 1
Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not
subject to a performance target.
The option will become exercisable on 25(t)(h) March 2029 and remain
exercisable up to and including 25(th) March 2036 if not exercised before that
date.
GRANT 2
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 25(th) March 2029 and remain exercisable up to and including
25(th) March 2036 if not exercised before that date.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil GRANT 1
14,162 Ordinary shares of 5p each
Nil GRANT 2
48,638 Ordinary shares of 5p each
d) Aggregated information
- Aggregated volume - 62,800 ORDINARY SHARES OF 5P EACH
- Price - Nil
e) Date of the transaction (YYYY - MM - DD) 2026-03-25
f) Place of the transaction XOFF
Name of authorised official of issuer responsible for making notification: -
Alastair Lonie, Group Company Secretary
Date of notification: - 27(th) March 2026
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 plc (CSN.L) is a FTSE 250 European life, pensions and investment
company with specialist expertise in consolidation. We now administer c1.4m
policies across the Group's business units of Countrywide Assured and Chesnara
Life (formerly HSBC Life (UK) Ltd) in the UK, Scildon in the Netherlands and
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 focused, 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 21 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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. END DSHPPURUWUPQGQQ
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