Chemring Group PLC Director/PDMR Shareholding (3713A)

TIDMCHG

RNS Number : 3713A

Chemring Group PLC

20 January 2020

20 January 2020

Chemring Group PLC

Vesting of deferred share award

Chemring Group PLC ("Chemring" or "the Company") announces that on 19 January 2020 an award of 32,944 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 The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2016.

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                         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          Deferred award over 1p ordinary shares 
       financial instrument, 
       type of instrument 
 
       Identification code         GB00B45C9X44 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Vesting of deferred award of shares 
                                   in partial satisfaction of an annual 
                                   bonus payment 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
 
                                      Nil         32,944 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information      N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     19 January 2020 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    UK 
     --------------------------  --------------------------------------- 
 

For further information:

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHFLFVRLAIIFII

(END) Dow Jones Newswires

January 20, 2020 11:40 ET (16:40 GMT)