Source - LSE Regulatory
RNS Number : 9507D
Chesnara PLC
07 April 2025
 

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).

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUPUMUCUPAGGM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Chesnara PLC (CSN)

0p (0.00%)
delayed 16:30PM
JavaScript chart by amCharts 3.4.4