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Director/PDMR Shareholding

19 May 2026 07:00

RNS Number : 7768E
Chesnara PLC
19 May 2026
 

 

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

 

19th May 2026

 

CHESNARA plc

("Chesnara", "the Company" or the "Group")

 

NOTIFICATION OF PDMR/PCA DEALING

 

Chesnara plc (CSN.L) announces that Tom Howard, Group CFO and a PDMR of the Company, has acquired ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the exercise of his Buy-out Award Scheme options.

 

Following the exercise, Tom Howard now holds a total interest in 215,793 Ordinary Shares (including any Ordinary Shares held by a PCA).

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tom Howard

2

Reason for the notification

a)

Position/status

Group Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Chesnara plc

b)

LEI

213800VFRMBRTSZ3SJ06

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 and identification code

Chesnara plc Ordinary Shares

ID Code: (GB00B00FPT80)

b)

Nature of the transaction 

1. Exercise of options over 115,098 shares following vesting of the conditional awards under the 2024 Buy-out Plan as adjusted for the 2025 Rights Issue as set out in the 2025 Annual Report & Accounts.

2. 55,544 shares sold to cover tax and social security obligations

c)

Price(s) and volume(s)

1. Price: Nil. Volume: 115,098.

2. Price: 319.113p. Volume: 55,544.

 

d)

Aggregated information

N/A

 

e)

Date of the transaction

1. 18th May 2026

2. 18th May 2026

f)

Place of the transaction

1. XOFF

2. London Stock Exchange (XLON)

 

 

The above notifications are made in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information, please contact:

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk

 

Media Enquiries

Misha Bayliss - +44 20 7427 5465

Oscar Burnett - +44 20 7427 5435

Teneo

E - chesnara@teneo.com

 

 

 

Notes to Editors

Chesnara plc (CSN.L) is a FTSE 250 European life, pensions and investment company with specialist expertise in consolidation. We now administer c1.4m policies across the Group's business units of Countrywide Assured and Chesnara Life (formerly HSBC Life (UK) Ltd) in the UK, Scildon in the Netherlands and Movestic in Sweden. Following a three-pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing focused, profitable new business in the UK, Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios. Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 21 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).

 

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