TIDMCSN

RNS Number : 9565Z

Chesnara PLC

19 May 2023

 
 
 
   LEI Number: 213800VFRMBRTSZ3SJ06 
 

19(th) May 2023

CHESNARA plc

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

NOTIFICATION OF PDMR DEALING AND TOTAL VOTING RIGHTS

Chesnara (CSN.L), the European life insurance consolidator, today announces that PDMRs Carol Hagh and Steve Murray have purchased ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"). It further announces that PDMRs Steve Murray and David Rimmington have exercised options over 165,228 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") as a result of the vesting of the awards made under the 2014 Chesnara Long Term Incentive Scheme and 2014 Chesnara Short Term Incentive Scheme. Of these, 81,075 Ordinary Shares were sold to cover liability to tax and national insurance contributions arising on vesting, with the balance being retained. The allotment of the 165,228 Ordinary Shares has been satisfied via the Group's existing block listing arrangements.

Further, in conformity with 5.6.1 of the Disclosure Guidance and Transparency Rules, as at the date of this announcement the Company's issued share capital consisted of 150,570,190 Ordinary Shares and, with no Ordinary Shares in Treasury, this too was the number of voting rights.

This figure of 150,570,190 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Carol Hagh 
 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 
        the financial                   ID Code: (GB00B00FPT80) 
        instrument, type 
        of instrument 
        and identification 
        code 
 b)   Nature of the                    10,000 Ordinary Shares bought. 
       transaction 
 c)   Price(s) and volume(s)           Price: 283.411p. Volume: 10,000. 
 d)   Aggregated information           N/A 
 e)   Date of the transaction          18(th) May 2023 
 f)   Place of the transaction         London Stock Exchange (XLON) 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Steve Murray 
 2    Reason for the notification 
 a)   Position/status            Group Chief Executive Officer 
 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                 1. Exercise of options over 102,438 shares following 
       transaction                   vesting of the conditional awards under the 2014 
                                     Long Term Incentive scheme. 
                                     2. 50,922 shares sold to cover tax and social security 
                                     obligations. 
                                     3. 10,710 Ordinary Shares bought. 
 c)   Price(s) and volume(s)        1. Price(s): nil. Volume: 102,438. 
                                     2. Price(s): 276.4447p. Volume: 50,922. 
                                     3. Price(s): 274.4577p. Volume: 10,710. 
 d)   Aggregated information     N/A 
 e)   Date of the transaction       1. 18 May 2023 
                                     2. 18 May 2023 
                                     3. 18 May 2023 
 f)   Place of the transaction      1. XOFF 
                                     2. London Stock Exchange (XLON) 
                                     3. London Stock Exchange (XLON) 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       David Rimmington 
 2    Reason for the notification 
 a)   Position/status            Chief Finance Officer 
 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                 1. Exercise of options over 27,612 shares following 
       transaction                   vesting of the conditional awards under the 2014 
                                     Long Term Incentive scheme. 
                                     2. Exercise of options over 35,178 shares following 
                                     vesting of the conditional awards under the 2014 
                                     Short Term Incentive scheme. 
                                     3. 30,153 shares sold to cover tax and social security 
                                     obligations 
 c)   Price(s) and volume(s)        1. Price(s): nil. Volume: 27,612. 
                                     2. Price(s): nil. Volume: 35,178. 
                                     3. Price(s): 276.4447p. Volume: 30,153. 
 d)   Aggregated information     N/A 
 e)   Date of the transaction       1. 18 May 2023 
                                     2. 18 May 2023 
                                     3. 18 May 2023 
 f)   Place of the transaction      1. XOFF 
                                     2. XOFF 
                                     3. London Stock Exchange (XLON) 
 

For further information, please contact:

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493

E - roddy.watt@fwdconsulting.co.uk

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured and CASLP 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 18 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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHGPUCPAUPWGRR

(END) Dow Jones Newswires

May 19, 2023 02:00 ET (06:00 GMT)

Chesnara (AQSE:CSN.GB)
過去 株価チャート
から 11 2024 まで 12 2024 Chesnaraのチャートをもっと見るにはこちらをクリック
Chesnara (AQSE:CSN.GB)
過去 株価チャート
から 12 2023 まで 12 2024 Chesnaraのチャートをもっと見るにはこちらをクリック