Director/PDMR Shareholding

Chesnara PLC

27 March 2026

 

LEI Number: 213800VFRMBRTSZ3SJ06

27^th March 2026

CHESNARA plc

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

NOTIFICATION OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ('PDMRs')

Chesnara plc (CSN.L) announces that on 25^th March 2026 and in accordance with the current Directors' Remuneration Policy, which was approved by shareholders on 16^th May 2023, Group Chief Executive Steven Murray, Group Chief Financial Officer Thomas Howard, Group General Counsel Emma Dawe and Group Company Secretary Alastair Lonie (all PDMRs) were granted awards over the ordinary shares of the Company under the Chesnara plc 2023 Short Term Incentive Scheme and Chesnara plc 2023 Long Term Incentive Plan. 

The notifications for each PDMR below, which are being made in accordance with the requirements of the UK Market Abuse Regulations, provide further detail of the awards granted to each PDMR.

1	Details of the person discharging managerial responsibilities/person closely associated
a) b)	Natural person:                 Legal person	Steven Murray
2	Reason for the notification
a)	Position/status:	Group Chief Executive Officer
b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
a)	Name	Chesnara plc
b)	Legal Entity Identifier:	213800VFRMBRTSZ3SJ06
4	Details of the transaction(s): Parts a-d of this section are 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 (Identification code)	Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80)
b)	Nature of the transaction	GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date. GRANT 2 Granted under the Chesnara 2023 Long Term Incentive Plan, the option is subject to performance targets over a period of three financial years. Subject to the achievement of the performance target, the option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	GRANT 1 63,525 Ordinary shares of 5p each
		Nil	GRANT 2 231,034 Ordinary shares of 5p each
d)	Aggregated information - Aggregated volume - Price	-    294,559 ORDINARY SHARES OF 5P EACH -    Nil
e)	Date of the transaction (YYYY - MM - DD)	2026-03-25
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a) b)	Natural person:                 Legal person	Thomas Howard
2	Reason for the notification
a)	Position/status:	Group Chief Financial Officer
b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
a)	Name	Chesnara plc
b)	Legal Entity Identifier:	213800VFRMBRTSZ3SJ06
4	Details of the transaction(s): Parts a-d of this section are 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 (Identification code)	Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80)
b)	Nature of the transaction	GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date. GRANT 2 Granted under the Chesnara 2023 Long Term Incentive Plan, the option is subject to performance targets over a period of three financial years. Subject to the achievement of the performance target, the option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	GRANT 1 42,052 Ordinary shares of 5p each
		Nil	GRANT 2 123,103 Ordinary shares of 5p each
d)	Aggregated information - Aggregated volume - Price	-    165,155 ORDINARY SHARES OF 5P EACH -    Nil
e)	Date of the transaction (YYYY - MM - DD)	2026-03-25
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a) b)	Natural person:                 Legal person	Emma Dawe
2	Reason for the notification
a)	Position/status:	Group General Counsel
b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
a)	Name	Chesnara plc
b)	Legal Entity Identifier:	213800VFRMBRTSZ3SJ06
4	Details of the transaction(s): Parts a-d of this section are 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 (Identification code)	Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80)
b)	Nature of the transaction	GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date. GRANT 2 Granted under the Chesnara 2023 Long Term Incentive Plan, the option is subject to performance targets over a period of three financial years. Subject to the achievement of the performance target, the option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	GRANT 1 10,028 Ordinary shares of 5p each
		Nil	GRANT 2 47,293 Ordinary shares of 5p each
d)	Aggregated information - Aggregated volume - Price	-    57,321 ORDINARY SHARES OF 5P EACH -    Nil
e)	Date of the transaction (YYYY - MM - DD)	2026-03-25
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a) b)	Natural person:                 Legal person	Alastair Lonie
2	Reason for the notification
a)	Position/status:	Group Company Secretary
b)	Initial notification/amendment	Initial notification
3	Details of the Issuer
a)	Name	Chesnara plc
b)	Legal Entity Identifier:	213800VFRMBRTSZ3SJ06
4	Details of the transaction(s): Parts a-d of this section are 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 (Identification code)	Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80)
b)	Nature of the transaction	GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date. GRANT 2 Granted under the Chesnara 2023 Long Term Incentive Plan, the option is subject to performance targets over a period of three financial years. Subject to the achievement of the performance target, the option will become exercisable on 25th March 2029 and remain exercisable up to and including 25th March 2036 if not exercised before that date.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	GRANT 1 14,162 Ordinary shares of 5p each
		Nil	GRANT 2 48,638 Ordinary shares of 5p each
d)	Aggregated information - Aggregated volume - Price	-    62,800 ORDINARY SHARES OF 5P EACH -    Nil
e)	Date of the transaction (YYYY - MM - DD)	2026-03-25
f)	Place of the transaction	XOFF

Name of authorised official of issuer responsible for making notification: - Alastair Lonie, Group Company Secretary Date of notification: - 27th March 2026

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

For further information, please contact:

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - [e-mail]

Media Enquiries

Misha Bayliss - [phone]

Oscar Burnett - [phone]

Teneo

E - [e-mail]

Notes to Editors

Chesnara plc (CSN.L) is a FTSE 250 European life, pensions and investment company with specialist expertise in consolidation. We now administer c1.4m policies across the Group's business units of Countrywide Assured and Chesnara Life (formerly HSBC Life (UK) Ltd) in the UK, Scildon in the Netherlands and 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 focused, 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 21 years in succession.

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

 

END