Director's Dealing • Jan 29, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 2261D
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 49,542 1p ordinary shares in the capital of the Company were sold on behalf of Michael Flowers, a director of the Company, in order to satisfy the tax and national insurance liability arising on the vesting of Mr Flowers' conditional award over 104,885 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
Michael Flowers
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 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 | 49,542 |
d)
Aggregated information
- Aggregated volume
- Price
49,542 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 | +44 (0)1794 833 901 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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