CHESNARA plc
("Chesnara" or "the Company")
LEI Number: 213800VFRMBRTSZ3SJ06
7 April 2025
NOTIFICATION OF PDMR & PCA DEALING
Chesnara plc (CSN.L) (the 'Company') announces that it has been informed that Mr Gavin Hughes, considered a PDMR in his capacity as Group Chief Risk Officer and Chief Actuary, transferred 3,275 ordinary shares of 5 pence each in the Company, to Mrs Emma Hughes, a person closely associated ("PCA") with Mr Hughes on 31 March 2025.
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
| a) |
Name |
Gavin Hughes |
| 2 |
Reason for the notification |
|
| a) |
Position/status |
PDMR |
| 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 of 5 pence each (Shares) ID Code: (GB00B00FPT80) |
| b) |
Nature of the transaction |
Transfer to PCA |
| c) |
Price(s) and volume(s) |
Price(s): nil. Volume: 3274 |
| d) |
Aggregated information |
N/A |
| e) |
Date of the transaction |
31 March 2025 |
| f) |
Place of the transaction |
Off Market Transaction (XOFF) |
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
| a) |
Name |
Emma Hughes |
| 2 |
Reason for the notification |
|
| a) |
Position/status |
PCA - Wife |
| 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 of 5 pence each (Shares) ID Code: (GB00B00FPT80) |
| b) |
Nature of the transaction |
Transfer from Husband, Gavin Hughes, PDMR |
| c) |
Price(s) and volume(s) |
Price(s): nil. Volume: 3275 |
| d) |
Aggregated information |
N/A |
| e) |
Date of the transaction |
31 March 2025 |
| f) |
Place of the transaction |
Off Market Transaction (XOFF) |
The above notification is made in accordance with the requirements of the EU Market Abuse Regulation (as retained in UK law).
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
Roddy Watt
Director, Capital Markets
FWD
T - 020 7280 0651 / 07714 770 493
E - roddy.watt@fwdconsulting.co.uk
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 ).