Director/PDMR Shareholding

Released : 24 Mar 2017 01:54:00

RNS Number : 5018A
Chemring Group PLC
24 March 2017
 

24 March 2017

 

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 182,297 1p ordinary shares in the capital of the Company to Sarah Ellard, 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. 

 

 

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

 

 

 

 Sarah Ellard

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director/PDMR

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Chemring Group PLC

b)

 

LEI

 

 


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

 

Identification code

 

 

Conditional award over 1p ordinary shares

 

 

 

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

 

182,297

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

24 March 2017

f)

 

Place of the transaction

 

 

UK

 

 

For further information:

 

Chemring Group PLC


Sarah Ellard

Group Legal Director

+44 (0)1794 833 901

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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