TIDMCHG

RNS Number : 0662X

Chemring Group PLC

18 December 2023

18 December 2023

Chemring Group PLC

PDMR share dealings

Chemring Group PLC ("Chemring" or "the Company") announces that, on 15 December 2023, an award of 29,557 deferred ordinary 1p shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2020. 29,557 ordinary shares 1p were subsequently sold, of which 13,892 shares were sold by the Company on behalf of Mrs Ellard to cover tax and national insurance liabilities arising on vesting.

Mrs Ellard also sold an additional 8,910 ordinary 1p shares on 15 December 2023.

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

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name 
                                    Sarah Ellard 
     --------------------------  --------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status             Director/PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Chemring Group PLC 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800U9A54VQJ5P2J41 
     --------------------------  --------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Deferred award over ordinary 1p shares 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00B45C9X44 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Vesting of deferred award of shares 
                                   in partial satisfaction of an annual 
                                   bonus payment 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
 
                                      Nil         29,557 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     15 December 2023 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    UK 
     --------------------------  --------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name 
                                     Sarah Ellard 
     ---------------------------  -------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status              Director/PDMR 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial 
       /Amendment 
     ---------------------------  -------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Chemring Group PLC 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800U9A54VQJ5P2J41 
     ---------------------------  -------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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 deferred share award 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
 
                                       338p       29,557 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      15 December 2023 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     UK 
     ---------------------------  -------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name 
                                          Sarah Ellard 
     --------------------------------  --------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status                   Director/PDMR 
     --------------------------------  --------------------------------- 
 b)   Initial notification              Initial 
       /Amendment 
     --------------------------------  --------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                              Chemring Group PLC 
     --------------------------------  --------------------------------- 
 b)   LEI                               213800U9A54VQJ5P2J41 
     --------------------------------  --------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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 
     --------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)              Price(s)   Volume(s) 
 
                                            335.51p    8,910 
                                                     ---------- 
     --------------------------------  --------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------------  --------------------------------- 
 e)   Date of the transaction           15 December 2023 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          UK 
     --------------------------------  --------------------------------- 
 

For further information:

 
 Chemring Group PLC 
 Sarah Ellard    Group Legal Director              +44 (0)7710 553757 
 
 

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December 18, 2023 02:00 ET (07:00 GMT)

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