logo-loader
viewChesnara PLC

Chesnara PLC - Director/PDMR Shareholding

RNS Number : 1180Q
Chesnara PLC
16 June 2020
 

CHESNARA plc

("Chesnara" or "the Company")

 

LEI Number: 213800VFRMBRTSZ3SJ06

16 June 2020

NOTIFICATION OF PDMR DEALING

 

 

Chesnara plc (the 'Company') today announces that PDMR Mark Hesketh has purchased ordinary shares through his Dividend Reinvestment Plan election.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Hesketh

2

Reason for the notification

a)

Position/status

Non Executive Director

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 

Market (DRIP) Purchase

c)

Price(s) and volume(s)

Price(s): 303.75p.  Volume: 229.

d)

Aggregated information

N/A

e)

Date of the transaction

11 June 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

The above notification is made in accordance with the requirements of the EU Market Abuse Regulation.

 

For further information, please contact:

 

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

 

T   -    020 7280 0651  

E   -    [email protected] 

 

Notes to Editors

Chesnara is a life and pensions company listed on the London Stock Exchange.  It administers over 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 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 15 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHGPUUWQUPUGUQ

Quick facts: Chesnara PLC

Price: 287

Market: LSE
Market Cap: £430.69 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Chesnara PLC to continue to pay dividends despite pandemic disruption

Chesnara PLC's (LON:CSN) John Deane tells Proactive London's Andrew Scott they'll continue to pay dividends despite the coronavirus (COVID-19) pandemic disruption. The group raised its dividend by 3% to 21p for the year ended December 31, 2019, as its economic value - which includes the value...

on 15/4/20