Last checked at 23 Mar 2022 10:50
23 March 2022
Chemring Group PLC
PDMR share dealing
Chemring Group PLC ("Chemring" or "the Company") announces that, on 22 March 2022, an award over 216,361 ordinary 1p shares in the capital of the Company previously granted on 22 March 2019 under the Chemring Group Performance Share Plan to Sarah Ellard, a director of the Company, vested in full. Further details on the basis for vesting of the award were disclosed in the Company's 2021 Annual Report.
Following the vesting, 102,201 ordinary 1p shares were sold on 22 March 2022 on behalf of Mrs Ellard 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
| Conditional award over ordinary 1p shares
GB00B45C9X44 | ||||
b)
| Nature of the transaction
| Vesting of performance share plan award granted on 22 March 2019 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 22 March 2022 | ||||
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 following vesting of performance share plan award | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 22 March 2022 | ||||
f)
| Place of the transaction
| UK | ||||
For further information:
Chemring Group PLC | ||
Sarah Ellard | Group Legal Director | +44 (0)1794 463420
|