REG - Chesnara PLC - Directorate Change

ChesnaraAnnouncement

17/01/2022 07:05

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RNS Number : 3563Y  Chesnara PLC  17 January 2022

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

 

17 January 2022

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

 

CHESNARA PLC CHANGE OF DIRECTORSHIP

NED RETIREMENT - VERONICA OAK

 

Chesnara plc today announces that Veronica Oak, Non-Executive Director and
Chairman of the Remuneration Committee is retiring today having completed nine
years as a non-executive director.

 

Luke Savage, Chairman said:

"My fellow Directors and I sincerely thank Veronica for her dedication and
contribution to the Company over the many years since her appointment to the
Board in January 2013, since which time the group has expanded significantly
and delivered strong performance.  We wish her a long, enjoyable and happy
retirement".

 

There is no further information which would require disclosure under
9.6.11R(2) of the Listing Rules.  The Company will make further announcements
in due course with regard the appointment of new Non-Executive Directors to
its Board.

 

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 approximately 900,000 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 17 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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