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Pin to quick picksChemring Regulatory News (CHG)

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Director/PDMR Shareholding

18 Dec 2024 10:30

RNS Number : 5907Q
Chemring Group PLC
18 December 2024
 

18 December 2024

 

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 275,294 1p ordinary shares in the capital of the Company to Michael Ord, 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. Any shares which vest, post-tax, will be subject to an additional two-year holding period.

 

 

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 Ord

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 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

 

275,294

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

18 December 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

For further information:

 

Chemring Group PLC

Sarah Ellard

Group Legal Director & Company Secretary

+44 (0)7710 553757

 

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