TIDMCHG

RNS Number : 9544A

Chemring Group PLC

02 October 2020

2 October 2020

Chemring Group PLC

Exercise of sharesave options and sale of shares

Chemring Group PLC ("Chemring" or "the Company") announces that on 1 October 2020 Andrew Lewis and Sarah Ellard, directors of the Company, exercised options granted under the Chemring Group 2008 UK Sharesave Plan on 27 July 2017 and today sold shares as detailed below.

The following table details the transactions which were notified to the Company:

 
 Director        Options exercised   Number of shares   Resultant beneficial 
                                      sold               interest in the 
                                                         Company's shares 
 Andrew Lewis    12,162              12,162             113,797 
                ------------------  -----------------  --------------------- 
 Sarah Ellard    7,297               5,000              107,700 
                ------------------  -----------------  --------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                       Andrew Lewis 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Director/PDMR 
     -----------------------------  ------------------------------------ 
 b)   Initial notification           Initial 
       /Amendment 
     -----------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                           Chemring Group PLC 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800U9A54VQJ5P2J41 
     -----------------------------  ------------------------------------ 
 4    Details of the transaction(s): section 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             1p ordinary shares 
       financial instrument, 
       type of instrument 
 
       Identification code            GB00B45C9X44 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Exercise of options granted on 27 
                                      July 2017 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)          Volume(s) 
 
                                         148p exercise 
                                         price             12,162 
                                                         ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information         N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        1 October 2020 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       UK 
     -----------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                       Andrew Lewis 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Director/PDMR 
     -----------------------------  ------------------------------------ 
 b)   Initial notification           Initial 
       /Amendment 
     -----------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                           Chemring Group PLC 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800U9A54VQJ5P2J41 
     -----------------------------  ------------------------------------ 
 4    Details of the transaction(s): section 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             1p ordinary shares 
       financial instrument, 
       type of instrument 
 
       Identification code            GB00B45C9X44 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Sale of shares following exercise 
                                      of options 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
 
                                         233p       12,162 
                                                  ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information         N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        2 October 2020 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       UK 
     -----------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                      Sarah Ellard 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Director/PDMR 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial 
       /Amendment 
     ----------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          Chemring Group PLC 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800U9A54VQJ5P2J41 
     ----------------------------  ------------------------------------- 
 4    Details of the transaction(s): section 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            1p ordinary shares 
       financial instrument, 
       type of instrument 
 
       Identification code           GB00B45C9X44 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction      Exercise of options granted on 27 
                                      July 2017 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)          Volume(s) 
 
                                        148p exercise 
                                        price             7,297 
                                                        ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       1 October 2020 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      UK 
     ----------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                      Sarah Ellard 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Director/PDMR 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial 
       /Amendment 
     ----------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          Chemring Group PLC 
     ----------------------------  ------------------------------------- 
 b)   LEI                           213800U9A54VQJ5P2J41 
     ----------------------------  ------------------------------------- 
 4    Details of the transaction(s): section 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            1p ordinary shares 
       financial instrument, 
       type of instrument 
 
       Identification code           GB00B45C9X44 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction      Sale of shares following exercise 
                                      of options 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)   Volume(s) 
 
                                        233p       5,000 
                                                 ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       2 October 2020 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      UK 
     ----------------------------  ------------------------------------- 
 

For further information:

 
 Chemring Group PLC 
                                         +44 (0)1794 833 
 Sarah Ellard    Group Legal Director     901 
 
 

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END

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(END) Dow Jones Newswires

October 02, 2020 05:36 ET (09:36 GMT)

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