Director/PDMR Shareholding
On December 15, 2025, Chemring Group PLC announced that a deferred award of 100,249 ordinary 1p shares, granted to director Michael Ord in satisfaction of 40% of his 2022 annual bonus, vested. Subsequently, all 100,249 shares were sold on the London Stock Exchange at 481p per share, with 47,118 shares sold to cover tax and national insurance liabilities.
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Chemring Group PLC ("Chemring" or "the Company") announces that, on 15 December 2025, an award of 100,249 deferred ordinary 1p shares in the capital of the Company previously granted to Michael Ord, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mr Ord's annual bonus payment for the year ended 31 October 2022. 100,249 ordinary 1p shares were subsequently sold, of which 47,118 shares were sold by the Company on behalf of Mr Ord to cover tax and national insurance liabilities arising on vesting.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Ord | ||||
| 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 | Deferred award over ordinary 1p shares GB00B45C9X44 | ||||
| b) | Nature of the transaction | Vesting of deferred award of shares in partial satisfaction of an annual bonus payment | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 100,249 | ||||
| d) | Aggregated information - Aggregated volume - Price | |||||
| e) | Date of the transaction | 15 December 2025 | ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Ord | ||||
| 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 following vesting of deferred 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.