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Chemring Group PLC
Director's Dealing • Dec 19, 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 2099X
Chemring Group PLC
19 December 2023
19 December 2023
Chemring Group PLC
PDMR share dealings
Chemring Group PLC ("Chemring" or "the Company") announces that on 18 December 2023
an award of 125,670 ordinary 1p shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, on 16 December 2020 under the Chemring Group Performance Share Plan vested in part to the extent of 90,293 ordinary 1p shares. The balance of the award has lapsed. Further details on the basis for vesting of the award were disclosed in the Company's 2023 Annual Report. Following the vesting, 42,652 ordinary 1p shares were sold by the Company on behalf of Mrs Ellard on 18 December 2023 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
Ordinary 1p shares
GB00B45C9X44
b)
Nature of the transaction
Vesting of performance share plan award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 90,293 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
18 December 2023
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 to meet tax and national insurance liabilities following vesting of performance share plan award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 334.09p | 42,652 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
18 December 2023
f)
Place of the transaction
UK
For further information:
| Chemring Group PLC | ||
| Sarah Ellard | Group Legal Director | +44 (0)7710 553757 |
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