Director/PDMR Shareholding

RNS Number : 1962W

Chemring Group PLC

25 April 2016

 

FOR IMMEDIATE RELEASE                                                                               25 APRIL 2016

Chemring Group PLC

Adjustments to Share Awards

On 22 April 2016, adjustments were made to conditional awards over ordinary shares of 1 pence each in Chemring Group PLC ("Shares" and the "Company") previously granted to certain directors of the Company under the Chemring Group Performance Share Plan 2006, in order to reflect the rights issue completed by the Company on 23 February 2016.   

Name of director	Date of original award	Original number of Shares under the award	Adjusted number of Shares under the award
Michael Flowers	27 June 2013 28 April 2014 8 July 2014 26 January 2015 25 January 2016	79,796 94,827 186,046 261,935 388,516	91,096 108,256 212,394 299,031 443,538
Steve Bowers	28 April 2014 26 January 2015 25 January 2016	193,965 199,354 295,693	221,434 227,587 337,569
Sarah Ellard	28 April 2014 26 January 2015 25 January 2016	139,978 143,867 194,774	159,802 164,241 222,358

On 22 April 2016, adjustments were also made to deferred awards of Shares previously granted to certain directors of the Company in partial satisfaction of their bonus payments for the 2013 and 2014 financial years, in order to reflect the rights issue completed by the Company on 23 February 2016.   

Name of director	Date of original award	Original number of deferred Shares awarded	Adjusted number of deferred Shares awarded
Michael Flowers	27 January 2015	14,606	16,674
Steve Bowers	28 April 2014 27 January 2015	19,097 29,727	21,801 33,937
Sarah Ellard	28 April 2014 27 January 2015	12,600 18,973	14,384 21,660

The Company was informed of the above transactions on 22 April 2016.

This notification is being made in accordance with DTR 3.1.4(a).

Enquiries:

Sarah Ellard

Group Legal Director & Company Secretary

Chemring Group PLC

01794 833901

 

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