Director/PDMR Shareholding
Chemring Group PLC announced that on December 15, 2025, a portion of a conditional award of 79,665 ordinary shares granted to director James Mortensen on December 13, 2023, vested, with 39,832 shares vesting and the remainder lapsing. Following this vesting, 18,816 ordinary shares were sold on behalf of Mr. Mortensen at 481p per share to cover tax and national insurance liabilities.
Select text to share a quote on X · sign in to keep highlights & notes in your CHG notes
Chemring Group PLC ("Chemring" or the "Company") announces that on 15 December 2025 a conditional award of 79,665 ordinary 1p shares in the capital of the Company previously granted to James Mortensen, a director of the Company, on 13 December 2023 vested in part to the extent of 39,832 ordinary 1p shares. The balance of the award has lapsed. Further details on the basis for vesting of the award were disclosed in the Company's 2025 Annual Report. Following the vesting, 18,816 ordinary 1p shares were sold by the Company on behalf of Mr Mortensen on 15 December 2025 to cover tax and national insurance liabilities arising on vesting.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | James Mortensen | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director/PDMR | ||||
| b) | Initial notification /Amendment | Initial | ||||
| a) | Name | Chemring Group PLC | ||||
| b) | LEI | 213800U9A54VQJ5P2J41 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary 1p shares GB00B45C9X44 | ||||
| b) | Nature of the transaction | Vesting of conditional share award | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 39,832 | ||||
| d) | Aggregated information - Aggregated volume - Price | |||||
| e) | Date of the transaction | 15 December 2025 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | James Mortensen | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director/PDMR | ||||
| b) | Initial notification /Amendment | Initial | ||||
| a) | Name | Chemring Group PLC | ||||
| b) | LEI | 213800U9A54VQJ5P2J41 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary 1p shares GB00B45C9X44 | ||||
| b) | Nature of the transaction | Sale of ordinary 1p shares to meet tax and national insurance liabilities following vesting of conditional share award | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | |||||
| e) | Date of the transaction | 15 December 2025 | ||||
| f) | Place of the transaction | XLON - London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.