Chemring Group PLC Director/PDMR Shareholding (9511U)

TIDMCHG

RNS Number : 9511U

Chemring Group PLC

24 January 2017

24 January 2017

Chemring Group PLC

Vesting of deferred share award

Chemring Group PLC ("Chemring" or "the Company") announces that on 23 January 2017 an award of 14,384 deferred 1p ordinary shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2013.

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 
---  -------------------------  -------------------------------- 
 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             Deferred award over 1p ordinary 
       the financial              shares 
       instrument, type 
       of instrument 
 
       Identification             GB00B45C9X44 
       code 
---  -------------------------  -------------------------------- 
 b)   Nature of the              Vesting of deferred award 
       transaction                of shares made in partial 
                                  satisfaction of an annual 
                                  bonus payment 
---  -------------------------  -------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
 
                                     Nil         14,384 
                                   ----------  ---------- 
---  -------------------------  -------------------------------- 
 d)   Aggregated information     N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  -------------------------------- 
 e)   Date of the transaction    23 January 2017 
---  -------------------------  -------------------------------- 
 f)   Place of the transaction   UK 
---  -------------------------  -------------------------------- 
 

For further information:

 
 Chemring Group PLC 
                                         +44 (0)1794 
 Sarah Ellard    Group Legal Director     833 901 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 24, 2017 04:27 ET (09:27 GMT)