Chesnara PLC Director/PDMR Shareholding (3756E)

TIDMCSN

RNS Number : 3756E

Chesnara PLC

29 June 2023

CHESNARA plc

("Chesnara" or "the Company")

LEI Number: 213800VFRMBRTSZ3SJ06

29 June 2023

NOTIFICATION OF PDMR & PCA DEALING

Chesnara plc (the 'Company') today announces that the Company's Finance Director, David Rimmington, a PDMR of the Company, transferred 32,637 ordinary shares of 5 pence each in the Company ("Ordinary Shares") to his wife.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         David Rimmington 
 2    Reason for the notification 
 a)   Position/status              Finance 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                Transfer to Wife 
       transaction 
 c)   Price(s) and volume(s)       Price(s): nil. Volume: 32,637. 
 d)   Aggregated information       N/A 
 e)   Date of the transaction      27 June 2023 
 f)   Place of the transaction     Off Market Transaction (XOFF) 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Clare Rimmington 
 2    Reason for the notification 
 a)   Position/status              Person Closely Associated (PCA) - Wife of Finance 
                                    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                Transfer from Husband David Rimmington, Chesnara 
       transaction                  Finance Director 
 c)   Price(s) and volume(s)       Price(s): nil. Volume: 32,637. 
 d)   Aggregated information       N/A 
 e)   Date of the transaction      27 June 2023 
 f)   Place of the transaction     Off Market Transaction (XOFF)

The above notification is made in accordance with the requirements of the EU Market Abuse Regulation (as retained in UK law).

For further information, please contact:

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

   T   -    020 7280 0651 
   E   -    roddy.watt@fwdconsulting.co.uk

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 18 years in succession.

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

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END

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(END) Dow Jones Newswires

June 29, 2023 04:15 ET (08:15 GMT)

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