Chemring Group PLC

Remuneration Information • Mar 24, 2017

National Storage Mechanism | Additional information

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RNS Number : 5013A

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 363,629 1p ordinary shares in the capital of the Company to Michael Flowers, 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

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

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	363,629

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	+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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