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LEI Number: 213800VFRMBRTSZ3SJ06
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14th November 2022
CHESNARA plc
("Chesnara", the "Company" or the "Group")
NOTIFICATION OF PDMR DEALING
Chesnara (CSN.L), the European life insurance consolidator, today announces that PDMR Mark Hesketh has purchased ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares").
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Mark Hesketh |
| 2 | Reason for the notification | |
| a) | Position/status | Non-Executive Director |
| 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. 4,000 Ordinary Shares bought. 2. 6,000 Ordinary Shares bought. |
| c) | Price(s) and volume(s) | 1. Price: 272.00p. Volume: 4,000. 2. Price: 277.39p. Volume: 6,000 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 11th November 2022 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
The above notification is made in accordance with the requirements of the EU 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
Roddy Watt
Director, Capital Markets
FWD
T - 020 7280 0651 / 07714 770 493
E - roddy.watt@fwdconsulting.co.uk
Notes to Editors
Chesnara is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured and CASLP in the UK, as The Waard Group, Robein Leven N.V. and Scildon in the Netherlands, and as 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 profitable new business in 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 18 years in succession.
Further details are available on the Company's website (www.chesnara.co.uk).
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