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Director/PDMR Shareholding

20 Jan 2020 16:40

RNS Number : 3713A
Chemring Group PLC
20 January 2020
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20 January 2020

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Chemring Group PLC

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Vesting of deferred share award

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Chemring Group PLC ("Chemring" or "the Company") announces that on 19 January 2020 an award of 32,944 deferred 1p ordinary shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2016.

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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Β Sarah Ellard

2

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Reason for the notification

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a)

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Position/status

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Director/PDMR

b)

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Initial notification /Amendment

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Initial

3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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a)

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Name

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Chemring Group PLC

b)

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LEI

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213800U9A54VQJ5P2J41

4

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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

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a)

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Description of the financial instrument, type of instrument

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Identification code

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Deferred award over 1p ordinary shares

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GB00B45C9X44

b)

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Nature of the transaction

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Vesting of deferred award of shares in partial satisfaction of an annual bonus payment

c)

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Price(s) and volume(s)

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Price(s)

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Volume(s)

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Nil

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32,944

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d)

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Aggregated information

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- Aggregated volume

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- Price

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N/A

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e)

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Date of the transaction

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19 January 2020

f)

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Place of the transaction

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UK

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For further information:

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Chemring Group PLC

Sarah Ellard

Group Legal Director

+44 (0)1794 833 901

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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