30 Jan 2017 11:13
30 January 2017
Chemring Group PLC
PDMR share dealing
Chemring Group PLC ("Chemring" or "the Company") announces that on 27 January 2017 6,428 1p ordinary shares in the capital of the Company were sold on behalf of Sarah Ellard, a director of the Company, in order to satisfy the tax and national insurance liability arising on the vesting of Mrs Ellard's deferred award over 14,384 1p ordinary shares on 23 January 2017 (announced on 24 January 2017).
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
| |||||
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
| 1p ordinary shares
GB00B45C9X44 | ||||
b)
| Nature of the transaction
| Sale of shares to satisfy tax and national insurance liability arising on vesting of deferred share award | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
e)
| Date of the transaction
| 27 January 2017 | ||||
f)
| Place of the transaction
| UK | ||||
For further information:
Chemring Group PLC | ||
Sarah Ellard | Group Legal Director | +44 (0)1794 833 901 |
Chemring (CHG)