Chemring Group PLC Director/PDMR Shareholding (8608T)

TIDMCHG

RNS Number : 8608T

Chemring Group PLC

25 March 2019

25 March 2019

Chemring Group PLC

Grant of performance share plan award

Chemring Group PLC ("Chemring" or "the Company") announces that on 22 March 2019 it granted a conditional award over 336,391 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. Any shares which vest, post-tax, will be subject to an additional two-year holding period.

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                           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            Conditional award over 1p ordinary 
       financial instrument,         shares 
       type of instrument 
 
       Identification code 
                                     GB00B45C9X44 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Condtional award under the Chemring 
                                     Group Performance Share Plan 2016 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
 
                                        Nil         336,391 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       22 March 2019 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      UK 
     ----------------------------  ------------------------------------- 
 

For further information:

 
 Chemring Group PLC 
                                                   [phone] 
 Sarah Ellard    Group Legal Director               901 
 
 

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March 25, 2019 04:47 ET (08:47 GMT)