Director/PDMR Shareholding

RNS Number : 7334U

Chemring Group PLC

20 January 2017

 

20 January 2017

Chemring Group PLC

Grant of deferred share award

Chemring Group PLC ("Chemring" or "the Company") announces that on 19 January 2017 it granted an award of 80,633 deferred 1p ordinary shares in the capital of the Company to Michael Flowers, a director of the Company, in satisfaction of 40% of Mr Flowers' annual bonus payment for the year ended 31 October 2016. The deferred share award will vest in three years' time. 

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	Michael Flowers
2	Reason for the notification
a)	Position/status	Director/PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Chemring Group PLC
b)	LEI
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 financial instrument, type of instrument Identification code	Deferred award over 1p ordinary shares GB00B45C9X44
b)	Nature of the transaction	Deferred award of shares in partial satisfaction of an annual bonus payment
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 80,633
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	19 January 2017
f)	Place of the transaction	UK

For further information:

Chemring Group PLC
Sarah Ellard	Group Legal Director	[phone]

 

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