Director/PDMR Shareholding
Summary by AI BETAClose X
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LEI Number: 213800VFRMBRTSZ3SJ06
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14th May 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 12th May 2026 and in accordance with the Remuneration Policy approved by shareholders at the AGM earlier that day, Group Chief Executive Steven Murray and Group Chief Financial Officer Thomas Howard were granted awards over the ordinary shares of the Company under the 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.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) b) |
Natural person: Legal person |
Steven Murray |
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2 |
Reason for the notification |
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a) |
Position/status: |
Group Chief Executive Officer |
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b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the Issuer |
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a) |
Name |
Chesnara plc |
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b) |
Legal Entity Identifier: |
213800VFRMBRTSZ3SJ06 |
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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. |
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a) |
Description of the financial instrument, type of instrument (Identification code) |
Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) |
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b) |
Nature of the transaction |
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 12th May 2029 and remain exercisable up to and including 12th May 2036 if not exercised before that date.
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
134,952 Ordinary shares of 5p each |
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d) |
Aggregated information - Aggregated volume - Price |
- 134,952 ORDINARY SHARES OF 5P EACH - Nil |
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e) |
Date of the transaction (YYYY - MM - DD) |
2026-05-12 |
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f) |
Place of the transaction |
XOFF |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) b) |
Natural person: Legal person |
Thomas Howard |
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2 |
Reason for the notification |
||
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a) |
Position/status: |
Group Chief Financial Officer |
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b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the Issuer |
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a) |
Name |
Chesnara plc |
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b) |
Legal Entity Identifier: |
213800VFRMBRTSZ3SJ06 |
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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. |
||
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a) |
Description of the financial instrument, type of instrument (Identification code) |
Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) |
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b) |
Nature of the transaction |
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 12th May 2029 and remain exercisable up to and including 12th May 2036 if not exercised before that date.
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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Nil |
84,554 Ordinary shares of 5p each |
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d) |
Aggregated information - Aggregated volume - Price |
- 84,554 ORDINARY SHARES OF 5P EACH - Nil |
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e) |
Date of the transaction (YYYY - MM - DD) |
2026-05-12 |
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f) |
Place of the transaction |
XOFF |
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Name of authorised official of issuer responsible for making notification: - Alastair Lonie, Group Company Secretary
Date of notification: - 12th May 2026
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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 - sam.perowne@chesnara.co.uk
Media Enquiries
Misha Bayliss - +44 20 7427 5465
Oscar Burnett - +44 20 7427 5435
Teneo
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).
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