Chesnara PLC Director/PDMR Shareholding

RNS Number : 6331D

Chesnara PLC

11 September 2024

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

11^th September 2024

 

CHESNARA plc

("Chesnara", "the Company" or the "Group")

 

NOTIFICATION OF PDMR DEALINGS

 

Chesnara plc today announces that the Company's Group Chief Executive Officer, Steven Murray and Group Chief Financial Officer, Tom Howard, both PDMRs of the Company, have purchased ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares").

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steven Murray
2	Reason for the notification
a)	Position/status	Group Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
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 the financial instrument, type of instrument and identification code	Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80)
b)	Nature of the transaction	11,410 Ordinary Shares bought.
c)	Price(s) and volume(s)	Price: 261.50p.  Volume: 11,410
d)	Aggregated information	N/A
e)	Date of the transaction	10th September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

 

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Howard
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
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 the financial instrument, type of instrument and identification code	Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80)
b)	Nature of the transaction	10,000 Ordinary Shares bought.
c)	Price(s) and volume(s)	Price: 260p.  Volume: 10,000
d)	Aggregated information	N/A
e)	Date of the transaction	10th September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

 

 

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

 

For further information, please contact:

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - [e-mail]

 

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - [e-mail]

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator 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 20 years in succession.

 

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

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