REG - Chesnara PLC - Director/PDMR Shareholding

ChesnaraAnnouncement

14/05/2026 07:00

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RNS Number : 2212E  Chesnara PLC  14 May 2026

 LEI Number: 213800VFRMBRTSZ3SJ06

 

14(th) May 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 12(th) May 2026 and in accordance with
the Remuneration Policy approved by shareholders at the AGM earlier that day,
Group Chief Executive Steven Murray and Group Chief Financial Officer Thomas
Howard were granted awards over the ordinary shares of the Company under the
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                                                    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 12(th) May 2029 and remain exercisable up to and including
                                                                                   12(th) May 2036 if not exercised before that date.

 c)   Price(s) and volume(s)                                                       Price(s)                                 Volume(s)
      Nil                                                                                                                   134,952 Ordinary shares of 5p each
 d)   Aggregated information

      - Aggregated volume                                                          -    134,952 ORDINARY SHARES OF 5P EACH

      - Price                                                                      -    Nil
 e)   Date of the transaction (YYYY - MM - DD)                                     2026-05-12
 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                                                    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 12(th) May 2029 and remain exercisable up to and including
                                                                                   12(th) May 2036 if not exercised before that date.

 c)   Price(s) and volume(s)                                                       Price(s)                                 Volume(s)
      Nil                                                                                                                   84,554 Ordinary shares of 5p each
 d)   Aggregated information

      - Aggregated volume                                                          -    84,554 ORDINARY SHARES OF 5P EACH

      - Price                                                                      -    Nil
 e)   Date of the transaction (YYYY - MM - DD)                                     2026-05-12
 f)   Place of the transaction                                                     XOFF

 

 

 

 

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

 Alastair Lonie, Group Company Secretary

 Date of notification: - 12(th) May 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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