Chesnara PLC Director/PDMR Shareholding (1180Q)

TIDMCSN

RNS Number : 1180Q

Chesnara PLC

16 June 2020

CHESNARA plc

("Chesnara" or "the Company")

LEI Number: 213800VFRMBRTSZ3SJ06

16 June 2020

NOTIFICATION OF PDMR DEALING

Chesnara plc (the 'Company') today announces that PDMR Mark Hesketh has purchased ordinary shares through his Dividend Reinvestment Plan election.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Mark Hesketh 
 2    Reason for the notification 
 a)   Position/status            Non Executive Director 
 b)    Initial notification      Initial notification 
        /Amendment 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
 a)   Name                       Chesnara plc 
 b)   LEI                        213800VFRMBRTSZ3SJ06 
 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            Chesnara plc Ordinary shares of 5 pence each (Shares) 
        the financial             ID Code: (GB00B00FPT80) 
        instrument, type 
        of instrument 
        and identification 
        code 
 b)   Nature of the              Market (DRIP) Purchase 
       transaction 
 c)   Price(s) and volume(s)     Price(s): 303.75p. Volume: 229. 
 d)   Aggregated information     N/A 
 e)   Date of the transaction    11 June 2020 
 f)   Place of the transaction   London Stock Exchange (XLON) 
 

The above notification is made in accordance with the requirements of the EU Market Abuse Regulation.

For further information, please contact:

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

   T   -    020 7280 0651 
   E   -    [e-mail] 

Notes to Editors

Chesnara is a life and pensions company listed on the London Stock Exchange. It administers over one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 15 years in succession.

Further details are available on the Company's website ( www.chesnara.co.uk ).

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.

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June 16, 2020 06:31 ET (10:31 GMT)