REG - Chesnara PLC - Directorate Change

ChesnaraAnnouncement

15/04/2024 07:00

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RNS Number : 5115K  Chesnara PLC  15 April 2024

 LEI Number: 213800VFRMBRTSZ3SJ06

 

15(th) April 2024

 

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

 

CHESNARA PLC CHANGE OF DIRECTORSHIP

 

 

On 7(th) December 2023, Chesnara (CSN.L) announced that David Rimmington would
step down as Group Finance Director and as a Director of Chesnara at the
conclusion of the 2024 Annual General Meeting ("AGM") and that Tom Howard
would be appointed Group Chief Financial Officer ("Group CFO") at that time
subject to regulatory approval.

 

Tom Howard has today been appointed an Executive Director of Chesnara and,
with his regulatory approval already secured, will become Chesnara's Group CFO
upon election at the 14(th) May AGM.  The 2023 Directors' Remuneration
Report, to be published on Wednesday 17(th) April 2024, will set out
information on Tom's remuneration.

 

 

 

 

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

 Date of notification: - 15(th) April 2024

 

 

 

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 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, the Netherlands and the UK 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 19 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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