TIDMCHG

RNS Number : 7557F

Chemring Group PLC

23 March 2022

23 March 2022

Chemring Group PLC

PDMR share dealing

Chemring Group PLC ("Chemring" or "the Company") announces that, on 22 March 2022, an award over 216,361 ordinary 1p shares in the capital of the Company previously granted on 22 March 2019 under the Chemring Group Performance Share Plan to Sarah Ellard, a director of the Company, vested in full. Further details on the basis for vesting of the award were disclosed in the Company's 2021 Annual Report.

Following the vesting, 102,201 ordinary 1p shares were sold on 22 March 2022 on behalf of Mrs Ellard to cover tax and national insurance liabilities arising on vesting.

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 
                                      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            Conditional award over ordinary 1p 
       financial instrument,         shares 
       type of instrument 
 
       Identification code 
                                     GB00B45C9X44 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Vesting of performance share plan 
                                     award granted on 22 March 2019 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
 
                                        Nil         216,361 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       22 March 2022 
     ----------------------------  ------------------------------------- 
 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           Ordinary 1p shares 
       financial instrument, 
       type of instrument 
 
       Identification code          GB00B45C9X44 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Sale of ordinary 1p shares following 
                                    vesting of performance share plan 
                                    award 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
 
                                       323p       102,201 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      22 March 2022 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     UK 
     ---------------------------  -------------------------------------- 
 

For further information:

 
 Chemring Group PLC 
 Sarah Ellard    Group Legal Director              +44 (0)1794 463420 
 
 

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END

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March 23, 2022 06:50 ET (10:50 GMT)

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