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LEI Number: 213800VFRMBRTSZ3SJ06
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28 June 2025
CHESNARA plc
("Chesnara", "the Company" or the "Group")
NOTIFICATION OF PDMR/PCA DEALING
Chesnara plc (CSN.L) announces that Steve Murray, Group CEO and a PDMR of the Company, has acquired ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the exercise of his Short Term Incentive Scheme ("STIS") and Long Term Incentive Plan ("LTIP") options.
The Company further announces that Tom Howard, Group CFO and a PDMR of the Company has acquired Ordinary Shares pursuant to the exercise of his Buy-Out options.
Following the exercise, Steven Murray now holds a total interest in 440,898 Ordinary Shares (including Ordinary Shares held by a PCA).
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
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| a) |
Name |
Steve Murray |
| 2 |
Reason for the notification |
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| 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 |
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| 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 |
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| a) |
Description of the financial instrument, type of instrument and identification code |
Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80) |
| b) |
Nature of the transaction |
1. Exercise of options over 29,525 shares following vesting of the conditional awards under the 2014 Long Term Incentive Plan. 2. Exercise of options over 56,467 shares following vesting of the conditional awards under the 2014 Short Term Incentive Scheme. 3. 41,046 shares sold to cover tax and social security obligations. |
| c) |
Price(s) and volume(s) |
1. Price: Nil Volume: 29,525 2. Price: Nil Volume: 56,467 3. Price: 259.053p Volume: 41,046
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| d) |
Aggregated information |
N/A |
| e) |
Date of the transaction |
25 July 2025 |
| f) |
Place of the transaction |
1. XOFF 2. XOFF 3. London Stock Exchange (XLON) |
Following the exercise, Tom Howard now holds a total interest in 139,782 Ordinary Shares.
| 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 |
1. Exercise of options over 188,492 shares following vesting of the conditional awards under the Buy-out Plan. 2. 89,042 shares sold to cover tax and social security obligations. |
| c) |
Price(s) and volume(s) |
1. Price: Nil Volume: 188,492 2. Price: 260.5908p Volume: 89,042
|
| d) |
Aggregated information |
N/A |
| e) |
Date of the transaction |
24 July 2025 |
| f) |
Place of the transaction |
1. XOFF 2. London Stock Exchange (XLON) |
The above notifications are 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 - sam.perowne@chesnara.co.uk
Media Enquiries
Misha Bayliss - +44 20 7427 5465
Oscar Burnett - +44 20 7427 5435
Teneo
Notes to Editors
Chesnara 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 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 ).
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