CSN.GB Chesnara plc

TIDMCSN

RNS Number : 8772Q

Chesnara PLC

23 October 2023

 
 
 
  LEI Number: 213800VFRMBRTSZ3SJ06 
 

23(rd) October 2023

CHESNARA plc

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

NOTIFICATION OF PDMR DEALING

Chesnara (CSN.L), the European life insurance consolidator, today announces that Chesnara plc Chair and PDMR Luke Savage 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                            Luke Savage 
2   Reason for the notification 
a)  Position/status                 Non-Executive Director and Chair 
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                   10,000 Ordinary Shares bought. 
     transaction 
c)  Price(s) and volume(s)          Price: 262.99p. Volume: 10,000. 
d)  Aggregated information          N/A 
e)  Date of the transaction         20(th) October 2023 
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 (CSN.L) 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 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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October 23, 2023 02:04 ET (06:04 GMT)

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