Chemring Group PLC Director/PDMR Shareholding (2156M)
20 January 2021 - 2:52AM
UK Regulatory
TIDMCHG
RNS Number : 2156M
Chemring Group PLC
19 January 2021
19 January 2021
Chemring Group PLC
PDMR share dealing
Chemring Group PLC ("Chemring" or "the Company") announces that
today an award over 170,952 ordinary 1p shares in the capital of
the Company previously granted on 19 January 2018 under the
Chemring Group Performance Share Plan to Sarah Ellard, a director
of the Company, vested in full. Further details on the basis for
vesting of the award was disclosed in the Company's 2020 Annual
Report.
The award which vested was satisfied by the transfer of shares
for nil consideration from the Company's treasury shares
holding.
Following the vesting, 125,348 ordinary 1p shares have today
been sold by Mrs Ellard, of which 80,348 shares were sold to cover
tax and national insurance liabilities arising on vesting.
Following this transaction, Mrs Ellard retains 161,975 ordinary 1p
shares in the capital of the Company.
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 Initial
/Amendment
---------------------------- -------------------------------------
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 Conditional award over ordinary 1p
financial instrument, shares
type of instrument
Identification code
GB00B45C9X44
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of performance share plan
award granted on 19 January 2018
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 170,952
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 19 January 2021
---------------------------- -------------------------------------
f) Place of the transaction UK
---------------------------- -------------------------------------
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 Initial
/Amendment
--------------------------- --------------------------------------
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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
--------------------------- --------------------------------------
b) Nature of the transaction Sale of ordinary 1p shares following
vesting of performance share plan
award
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
313p 125,348
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------- --------------------------------------
e) Date of the transaction 19 January 2021
--------------------------- --------------------------------------
f) Place of the transaction UK
--------------------------- --------------------------------------
For further information:
Chemring Group PLC
+44 (0)1794 833
Sarah Ellard Group Legal Director 901
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END
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