Chemring Regulatory News (CHG)

1.

Name of the issuer

CHEMRING GROUP PLC

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

TRANSACTION NOTIFIED IN ACCORDANCE WITH DR 3.1.4R(1)(a) AND DR 3.1.4R(1)(b)

3.

Name of person discharging managerial

responsibilities/director

MICHAEL FLOWERS

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

SPOUSE OF PERSON NAMED IN 3:

EILEEN LINDA FLOWERS

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest 1

NOTIFICATION RELATES TO A HOLDING OF THE PERSON NAMED IN 3 and 4 ABOVE

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

1P ORDINARY SHARES

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

MRS E L FLOWERS 16,181

MR M FLOWERS 15,665

LLOYDS BANK NOMINEES 58,834

8.

State the nature of the transaction

PURCHASE OF 1P ORDINARY SHARES

9.

Number of shares, debentures or financial

instruments relating to shares acquired

10,000 SHARES

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

LESS THAN 0.1 PER CENT

11.

Number of shares, debentures or financial

instruments relating to shares disposed

NIL

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13.

Price per share or value of transaction

201.5P

14.

Date and place of transaction

18 JULY 2014

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

90,680 1P ORDINARY SHARES

TOTAL PERCENTAGE HOLDING 0.05%

360,669 SHARES HELD UNDER OPTION UNDER THE CHEMRING GROUP PERFORMANCE SHARE PLAN

3,765 SHARES HELD UNDER THE CHEMRING GROUP SHARESAVE PLAN

16.

Date issuer informed of transaction

18 JULY 2014

17.

Date of grant

18.

Period during which or date on which exercisable

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

23.

Any additional information

24.

Name of contact and telephone number for queries

CAROLINE SPELLER

TEL NO: 01794 833911

Name of authorised official of issuer responsible for making notification

CAROLINE SPELLER

Date of notification 21 JULY 2014

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.