Director/PDMR Shareholding

RNS Number : 7557F

Chemring Group PLC

23 March 2022

 

23 March 2022

Chemring Group PLC

PDMR share dealing

Chemring Group PLC ("Chemring" or "the Company") announces that, on 22 March 2022, an award over 216,361 ordinary 1p shares in the capital of the Company previously granted on 22 March 2019 under the Chemring Group Performance Share Plan to Sarah Ellard, a director of the Company, vested in full. Further details on the basis for vesting of the award were disclosed in the Company's 2021 Annual Report. 

Following the vesting, 102,201 ordinary 1p shares were sold on 22 March 2022 on behalf of Mrs Ellard to cover tax and national insurance liabilities arising on vesting.

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	Conditional award over ordinary 1p shares GB00B45C9X44
b)	Nature of the transaction	Vesting of performance share plan award granted on 22 March 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 216,361
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	22 March 2022
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 performance share plan award
c)	Price(s) and volume(s)	Price(s) Volume(s) 323p 102,201
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	22 March 2022
f)	Place of the transaction	UK

For further information:

Chemring Group PLC
Sarah Ellard	Group Legal Director	[phone]

 

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