Director/PDMR Shareholding

RNS Number : 2147M

Chemring Group PLC

19 January 2021

 

19 January 2021

Chemring Group PLC

PDMR share dealing

Chemring Group PLC ("Chemring" or "the Company") announces that on 18 January 2021 an award of 25,795 deferred ordinary 1p shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2017. 17,124 ordinary shares 1p were subsequently sold by Mrs Ellard, of which 12,124 shares were sold to cover tax and national insurance liabilities arising on vesting. Following this transaction, Mrs Ellard retained 116,371 ordinary 1p shares in the capital of the Company.

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	Deferred award over ordinary 1p shares GB00B45C9X44
b)	Nature of the transaction	Vesting of deferred award of shares in partial satisfaction of an annual bonus payment
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 25,795
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	18 January 2021
f)	Place of the transaction	UK

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	Ordinary 1p shares GB00B45C9X44
b)	Nature of the transaction	Sale of ordinary 1p shares following vesting of deferred share award
c)	Price(s) and volume(s)	Price(s) Volume(s) 310.75p 17,124
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	18 January 2021
f)	Place of the transaction	UK

For further information:

Chemring Group PLC
Sarah Ellard	Group Legal Director	[phone]

 

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