CSN Chesnara Plc

TIDMCSN

RNS Number : 2072G

Chesnara PLC

14 November 2022

 
 
 
   LEI Number: 213800VFRMBRTSZ3SJ06 
 

14(th) November 2022

CHESNARA plc

("Chesnara", the "Company" or the "Group")

NOTIFICATION OF PDMR DEALING

Chesnara (CSN.L), the European life insurance consolidator, today announces that PDMR Mark Hesketh has purchased ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares").

 
 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           Initial notification 
        /Amendment 
 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                 Chesnara plc Ordinary Shares 
        the financial                  ID Code: (GB00B00FPT80) 
        instrument, type 
        of instrument 
        and identification 
        code 
 b)   Nature of the                    1. 4,000 Ordinary Shares bought. 
       transaction                      2. 6,000 Ordinary Shares bought. 
 c)   Price(s) and volume(s)           1. Price: 272.00p. Volume: 4,000. 
                                        2. Price: 277.39p. Volume: 6,000 
 d)   Aggregated information          N/A 
 e)   Date of the transaction         11(th) November 2022 
 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:

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 is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured and CASLP in the UK, as The Waard Group, Robein Leven N.V. 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 18 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

DSHGPGBAGUPPGQG

(END) Dow Jones Newswires

November 14, 2022 02:00 ET (07:00 GMT)

Chesnara (LSE:CSN)
Historical Stock Chart
From Apr 2024 to May 2024

Chesnara (LSE:CSN)
Historical Stock Chart
From May 2023 to May 2024