Chemring Group PLC Director/PDMR Shareholding (5015A)

TIDMCHG

RNS Number : 5015A

Chemring Group PLC

24 March 2017

24 March 2017

Chemring Group PLC

Grant of performance share plan award

Chemring Group PLC ("Chemring" or "the Company") announces that it has today granted a conditional award over 283,430 1p ordinary shares in the capital of the Company to Andrew Lewis, a director of the Company, under the Chemring Group Performance Share Plan 2016. No consideration was paid for the grant of the award and no consideration is due on vesting of the award. The award will ordinarily vest on the third anniversary of grant subject to the grantee's continued service and to the extent performance conditions are satisfied.

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 
                                   Andrew Lewis 
---  -------------------------  ---------------------------- 
 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             Conditional award over 1p 
       the financial              ordinary shares 
       instrument, type 
       of instrument 
 
       Identification             GB00B45C9X44 
       code 
---  -------------------------  ---------------------------- 
 b)   Nature of the              Condtional award under the 
       transaction                Chemring Group Performance 
                                  Share Plan 2016 
---  -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
 
                                     Nil         283,430 
                                   ----------  ---------- 
---  -------------------------  ---------------------------- 
 d)   Aggregated information     N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ---------------------------- 
 e)   Date of the transaction    24 March 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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March 24, 2017 09:53 ET (13:53 GMT)