Chemring Group PLC Director/PDMR Shareholding (4625V)

TIDMCHG

RNS Number : 4625V

Chemring Group PLC

30 January 2017

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       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             1p ordinary shares 
       the financial 
       instrument, type 
       of instrument 
                                  GB00B45C9X44 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              Sale of shares to satisfy 
       transaction                tax and national insurance 
                                  liability arising on vesting 
                                  of deferred share award 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
 
                                     195.45p    6,428 
                                   ---------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    27 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 30, 2017 06:13 ET (11:13 GMT)