TIDMCSN

RNS Number : 0315G

Chesnara PLC

11 November 2022

 
 
 
   LEI Number: 213800VFRMBRTSZ3SJ06 
 

11(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 Steve Murray 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                              Steve Murray 
 2    Reason for the notification 
 a)   Position/status                   Group Chief Executive Officer 
 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                     18,587 Ordinary Shares bought. 
       transaction 
 c)   Price(s) and volume(s)            Price: 266.00p. Volume: 18,587. 
 d)   Aggregated information            N/A 
 e)   Date of the transaction           9(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 ).

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END

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(END) Dow Jones Newswires

November 11, 2022 02:00 ET (07:00 GMT)

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