Chemring Group PLC Director/PDMR Shareholding (1911X)
December 17 2019 - 8:10AM
UK Regulatory
TIDMCHG
RNS Number : 1911X
Chemring Group PLC
17 December 2019
17 December 2019
Chemring Group PLC
Grant of performance share plan award
Chemring Group PLC ("Chemring" or "the Company") announces that
it has today granted a conditional award over 307,142 1p ordinary
shares in the capital of the Company to Michael Ord, a director of
the Company, under the Chemring Group Performance Share Plan 2016.
No consideration was paid for the grant of the award and no
consideration is due on vesting of the award. The award will
ordinarily vest on the third anniversary of grant subject to the
grantee's continued service and to the extent performance
conditions are satisfied. Any shares which vest, post-tax, will be
subject to an additional two-year holding period.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Michael Ord
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Director/PDMR
---------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
---------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
---------------------------- -------------------------------------
b) LEI 213800U9A54VQJ5P2J41
---------------------------- -------------------------------------
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 Conditional award over 1p ordinary
financial instrument, shares
type of instrument
Identification code
GB00B45C9X44
---------------------------- -------------------------------------
b) Nature of the transaction Condtional award under the Chemring
Group Performance Share Plan 2016
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 307,142
----------
---------------------------- -------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 17 December 2019
---------------------------- -------------------------------------
f) Place of the transaction UK
---------------------------- -------------------------------------
For further information:
Chemring Group PLC
+44 (0)1794 833
Sarah Ellard Group Legal Director 901
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END
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