18 December 2023
Chemring Group PLC
PDMR share dealings
Chemring Group PLC ("Chemring" or "the Company") announces that, on 15 December 2023, an award of 71,989 deferred ordinary 1p shares in the capital of the Company previously granted to Michael Ord, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mr Ord's annual bonus payment for the year ended 31 October 2020. 71,989 ordinary shares 1p were subsequently sold, of which 33,835 shares were sold by the Company on behalf of Mr Ord to cover tax and national insurance liabilities arising on vesting.
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
|
Michael Ord | ||||
| 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
| 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 financial instrument, type of instrument
Identification code
| Deferred award over ordinary 1p shares
GB00B45C9X44 | ||||
| b)
| Nature of the transaction
| Vesting of deferred award of shares in partial satisfaction of an annual bonus payment | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
| e)
| Date of the transaction
| 15 December 2023 | ||||
| f)
| Place of the transaction
| UK | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Michael Ord | ||||
| 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
| 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 financial instrument, type of instrument
Identification code
| Ordinary 1p shares
GB00B45C9X44 | ||||
| b)
| Nature of the transaction
| Sale of ordinary 1p shares following vesting of deferred share award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
| e)
| Date of the transaction
| 15 December 2023 | ||||
| f)
| Place of the transaction
| UK | ||||
For further information:
| Chemring Group PLC | | |
| Sarah Ellard | Group Legal Director | +44 (0)7710 553757 |
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