Director/PDMR Shareholding

RNS Number : 5015A

Chemring Group PLC

24 March 2017

 

24 March 2017

Chemring Group PLC

Grant of performance share plan award

Chemring Group PLC ("Chemring" or "the Company") announces that it has today granted a conditional award over 283,430 1p ordinary shares in the capital of the Company to Andrew Lewis, a director of the Company, under the Chemring Group Performance Share Plan 2016. No consideration was paid for the grant of the award and no consideration is due on vesting of the award. The award will ordinarily vest on the third anniversary of grant subject to the grantee's continued service and to the extent performance conditions are satisfied. 

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	Andrew Lewis
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	Conditional award over 1p ordinary shares GB00B45C9X44
b)	Nature of the transaction	Condtional award under the Chemring Group Performance Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 283,430
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	24 March 2017
f)	Place of the transaction	UK

For further information:

Chemring Group PLC
Sarah Ellard	Group Legal Director	[phone]

 

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