Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Shareholding

24th Apr 2025 07:00

RNS Number : 9401F
Chesnara PLC
24 April 2025
 

 

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

 

24th April 2025

 

CHESNARA plc

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

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ('PDMRs')

 

Chesnara plc (CSN.L) announces that on 22nd April 2025, newly appointed Group General Counsel and PDMR Emma Dawe was granted an award over the ordinary shares of the Company under the Chesnara plc 2023 Long Term Incentive Plan. This award was made in accordance with the Directors' Remuneration Policy which was approved by shareholders on 16th May 2023.

 

Emma is a member of the Group Senior Leadership Team and joins Chesnara with over a decade of experience advising private and listed Financial Services clients on strategic activity including M&A working for leading Global law firms Pinsent Masons and, recently in a development role, at Kirkland & Ellis International LLP.

 

The notification for PDMR is being made in accordance with the requirements of the UK Market Abuse Regulations and provides further detail of the award granted.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

b)

Natural person:

Legal person

Emma Dawe

2

Reason for the notification

a)

Position/status:

Group General Counsel

b)

Initial notification/amendment

Initial notification

3

Details of the Issuer

a)

Name

Chesnara plc

b)

Legal Entity Identifier:

213800VFRMBRTSZ3SJ06

4

Details of the transaction(s): Parts a-d of this section are 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 (Identification code)

Chesnara plc Ordinary Shares of 5 pence each

(GB00B00FPT80)

b)

Nature of the transaction

Granted under the Chesnara 2023 Long Term Incentive Plan, the option is subject to performance targets over a period of three financial years.

 

Subject to the achievement of the performance target, the option will become exercisable on 22nd April 2028 and remain exercisable up to and including 22nd April 2035 if not exercised before that date.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

37,109 Ordinary shares of 5p each

d)

Aggregated information

- Aggregated volume

- Price

 

- 37,109 ORDINARY SHARES OF 5P EACH

- Nil

e)

Date of the transaction (YYYY - MM - DD)

2025-04-22

f)

Place of the transaction

XOFF

 

 

Name of authorised official of issuer responsible for making notification: -

Al Lonie, Group Chief of Staff & Company Secretary

 

Date of notification: - 24th April 2025

 

 

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 - [email protected]

 

Media Enquiries

Misha Bayliss - +44 20 7427 5465

Oscar Burnett - +44 20 7427 5435

Teneo

E - [email protected]

 

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers just under 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 the UK, 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).

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 [email protected] 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
 
 
DSHPPUWCCUPAGMW

Related Shares:

Chesnara
FTSE 100 Latest
Value8,559.07
Change27.46