Director/PDMR Shareholding

RNS Number : 2277D

Chemring Group PLC

29 January 2018

 

29 January 2018

Chemring Group PLC

PDMR share dealing

Chemring Group PLC ("Chemring" or "the Company") announces that on 26 January 2018 35,375 1p ordinary shares in the capital of the Company were sold on behalf of Sarah Ellard, a director of the Company. 27,253 of these shares were sold in order to satisfy the tax and national insurance liability arising on the vesting of Mrs Ellard's conditional award over 57,607 1p ordinary shares on 26 January 2018 (also announced today).

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	Sarah Ellard
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	213800U9A54VQJ5P2J41
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	1p ordinary shares GB00B45C9X44
b)	Nature of the transaction	Sale of shares, partially to satisfy tax and national insurance liability arising on vesting of conditional share award
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 35,375
d)	Aggregated information - Aggregated volume - Price	35,375 shares 192.94p per share
e)	Date of the transaction	26 January 2018
f)	Place of the transaction	UK

For further information:

Chemring Group PLC
Sarah Ellard	Group Legal Director	[phone]

 

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