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Last checked at 
3 Jul 2026 07:00
LEI Number: 213800VFRMBRTSZ3SJ06
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3rd July 2026
CHESNARA plc
("Chesnara", "the Company" or the "Group")
GRANT OF OPTIONS AND PDMR DEALING
Chesnara plc (CSN.L) announces that, as part of the Company's 2022 Save As You Earn Scheme ("SAYE Scheme") a total of 21,630 options to subscribe for ordinary shares of 5 pence each in the capital of the Company ("Spring 2026 Options") have been granted to Persons Discharging Managerial Responsibility ("PDMRs").
Under the SAYE Scheme, which was made available to all eligible employees of the Company, the Spring 2026 Options have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of 252.40p each. Subject to the rules of the SAYE Scheme, participants will be able to exercise their Spring 2026 Options within six-months commencing 1st August 2029.
Including the PDMRs referred to above, a total of 80 employees participated in the Spring 2026 Invitation with a total of 340,670 Options being granted.
The following notifications have been made in accordance with the requirements of the UK Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Steve Murray |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive and PDMR |
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 of 5p each. ID Code: (GB00B00FPT80) |
b) | Nature of the transaction | Grant of options to acquire Chesnara plc Ordinary Shares under the SAYE Scheme. |
c) | Price(s) and volume(s) | Price: 252.40p. Volume: 7,210.
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d) | Aggregated information | N/A |
e) | Date of the transaction | 1st July 2026 |
f) | Place of the transaction | Outside a trading venue (XOFF) |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Emma Dawe |
2 | Reason for the notification | |
a) | Position/status | Group General Counsel and PDMR |
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 of 5p each. ID Code: (GB00B00FPT80) |
b) | Nature of the transaction | Grant of options to acquire Chesnara plc Ordinary Shares under the SAYE Scheme. |
c) | Price(s) and volume(s) | Price: 252.40p. Volume: 7,210.
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d) | Aggregated information | N/A |
e) | Date of the transaction | 1st July 2026 |
f) | Place of the transaction | Outside a trading venue (XOFF) |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Al Lonie |
2 | Reason for the notification | |
a) | Position/status | Group Company Secretary & PDMR |
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 of 5p each ID Code: (GB00B00FPT80) |
b) | Nature of the transaction | Grant of options to acquire Chesnara plc Ordinary Shares under the SAYE Scheme. |
c) | Price(s) and volume(s) | Price: 252.40p. Volume: 7,210.
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d) | Aggregated information | N/A |
e) | Date of the transaction | 1st July 2026 |
f) | Place of the transaction | Outside a trading venue (XOFF) |
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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