TIDMCHG

RNS Number : 2099X

Chemring Group PLC

19 December 2023

19 December 2023

Chemring Group PLC

PDMR share dealings

Chemring Group PLC ("Chemring" or "the Company") announces that on 18 December 2023

an award of 125,670 ordinary 1p shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, on 16 December 2020 under the Chemring Group Performance Share Plan vested in part to the extent of 90,293 ordinary 1p shares. The balance of the award has lapsed. Further details on the basis for vesting of the award were disclosed in the Company's 2023 Annual Report. Following the vesting, 42,652 ordinary 1p shares were sold by the Company on behalf of Mrs Ellard on 18 December 2023 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

 
      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      Vesting of performance share plan 
                                      award 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)    Volume(s) 
 
                                         Nil         90,293 
                                                   ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        18 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 to meet 
                                   tax and national insurance liabilities 
                                   following vesting of performance 
                                   share plan award 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
 
                                      334.09p    42,652 
                                               ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     18 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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END

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December 19, 2023 02:00 ET (07:00 GMT)

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