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

+44 (0)1794 833 901

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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