Chemring Group PLC Director/PDMR Shareholding (2414K)
December 20 2022 - 2:00AM
UK Regulatory
TIDMCHG
RNS Number : 2414K
Chemring Group PLC
20 December 2022
20 December 2022
Chemring Group PLC
PDMR share dealings
Chemring Group PLC ("Chemring" or "the Company") announces that
on 16 December 2022 an award of 64,048 deferred ordinary 1p shares
in the capital of the Company previously granted to Andrew Lewis, a
director of the Company, vested. The deferred share award was
originally made in satisfaction of 40% of Mr Lewis's annual bonus
payment for the year ended 31 October 2019. 64,048 ordinary shares
1p were subsequently sold, of which 30,254 shares were sold by the
Company on behalf of Mr Lewis to cover tax and national insurance
liabilities arising on vesting.
On 17 December 2022, an award of 245,085 ordinary 1p shares in
the capital of the Company previously granted to Mr Lewis on 17
December 2019 under the Chemring Group Performance Share Plan
vested in full. Further details on the basis for vesting of the
award were disclosed in the Company's 2022 Annual Report. Following
the vesting, 115,770 ordinary 1p shares were sold by the Company on
behalf of Mr Lewis on 19 December 2022 to cover tax and national
insurance liabilities arising on vesting.
Mr Lewis and his wife sold 100,000 ordinary 1p shares on 16
December 2022 and 123,660 ordinary 1p shares on 19 December
2022.
Following this series of transactions, Mr Lewis retains an
interest in 306,807 ordinary 1p shares.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
-------------------------- ---------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- ---------------------------------------
b) Initial notification Initial
/Amendment
-------------------------- ---------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------- ---------------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------- ---------------------------------------
Details of the transaction(s): section to be repeated
4 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 Deferred award over ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------- ---------------------------------------
b) Nature of the transaction Vesting of deferred award of shares
in partial satisfaction of an annual
bonus payment
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 64,048
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------- ---------------------------------------
e) Date of the transaction 16 December 2022
-------------------------- ---------------------------------------
f) Place of the transaction UK
-------------------------- ---------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
--------------------------- --------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Director/PDMR
--------------------------- --------------------------------------
b) Initial notification Initial
/Amendment
--------------------------- --------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
--------------------------- --------------------------------------
b) LEI 213800U9A54VQJ5P2J41
--------------------------- --------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
--------------------------- --------------------------------------
b) Nature of the transaction Sale of ordinary 1p shares following
vesting of deferred share award
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
300p 64,048
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------- --------------------------------------
e) Date of the transaction 16 December 2022
--------------------------- --------------------------------------
f) Place of the transaction UK
--------------------------- --------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
-------------------------------- ---------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------------- ---------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ---------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------------- ---------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------------- ---------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------------- ---------------------------------
b) Nature of the transaction Sale of ordinary 1p shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
299p 68,480
----------
-------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------------- ---------------------------------
e) Date of the transaction 16 December 2022
-------------------------------- ---------------------------------
f) Place of the transaction UK
-------------------------------- ---------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Karen Lewis
-------------------------------- ---------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Wife of director/PDMR
-------------------------------- ---------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ---------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------------- ---------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------------- ---------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------------- ---------------------------------
b) Nature of the transaction Sale of ordinary 1p shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
301p 31,520
----------
-------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------------- ---------------------------------
e) Date of the transaction 16 December 2022
-------------------------------- ---------------------------------
f) Place of the transaction UK
-------------------------------- ---------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
----------------------------- ------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Director/PDMR
----------------------------- ------------------------------------
b) Initial notification Initial
/Amendment
----------------------------- ------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
----------------------------- ------------------------------------
b) LEI 213800U9A54VQJ5P2J41
----------------------------- ------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
----------------------------- ------------------------------------
b) Nature of the transaction Vesting of performance share plan
award
----------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 245,085
----------
----------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume
- Price
----------------------------- ------------------------------------
e) Date of the transaction 17 December 2022
----------------------------- ------------------------------------
f) Place of the transaction UK
----------------------------- ------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
-------------------------- ----------------------------------------
Reason for the notification
2
--------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- ----------------------------------------
b) Initial notification Initial
/Amendment
-------------------------- ----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------- ----------------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------- ----------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------- ----------------------------------------
b) Nature of the transaction Sale of ordinary 1p shares to meet
tax and national insurance liabilities
following vesting of performance
share plan award
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
302.75p 115,770
----------
-------------------------- ----------------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------- ----------------------------------------
e) Date of the transaction 19 December 2022
-------------------------- ----------------------------------------
f) Place of the transaction UK
-------------------------- ----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Andrew Lewis
-------------------------------- ---------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------------- ---------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ---------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------------- ---------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------------- ---------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------------- ---------------------------------
b) Nature of the transaction Sale of ordinary 1p shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
301.24p 117,466
----------
-------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------------- ---------------------------------
e) Date of the transaction 19 December 2022
-------------------------------- ---------------------------------
f) Place of the transaction UK
-------------------------------- ---------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Karen Lewis
-------------------------------- ---------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Wife of director/PDMR
-------------------------------- ---------------------------------
b) Initial notification Initial
/Amendment
-------------------------------- ---------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Chemring Group PLC
-------------------------------- ---------------------------------
b) LEI 213800U9A54VQJ5P2J41
-------------------------------- ---------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 1p shares
financial instrument,
type of instrument
Identification code GB00B45C9X44
-------------------------------- ---------------------------------
b) Nature of the transaction Sale of ordinary 1p shares
-------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
301.24p 6,194
----------
-------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume
- Price
-------------------------------- ---------------------------------
e) Date of the transaction 19 December 2022
-------------------------------- ---------------------------------
f) Place of the transaction UK
-------------------------------- ---------------------------------
For further information:
Chemring Group PLC
Sarah Ellard Group Legal Director +44 (0)1794 463420
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END
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