Director/PDMR Shareholding
Chemring Group PLC announced that on December 15, 2025, a deferred award of 42,838 ordinary 1p shares vested for director Sarah Ellard, originally granted as part of her 2022 bonus. Subsequently, all 42,838 shares were sold on the London Stock Exchange for 481p each, with 20,134 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 42,838 deferred ordinary 1p shares in the capital of the Company previously granted to Sarah Ellard, a director of the Company, vested. The deferred share award was originally made in satisfaction of 40% of Mrs Ellard's annual bonus payment for the year ended 31 October 2022. 42,838 ordinary 1p shares were subsequently sold, of which 20,134 shares were sold by the Company on behalf of Mrs Ellard to cover tax and national insurance liabilities arising on vesting.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Sarah Ellard | ||||
| 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 42,838 | ||||
| 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 | Sarah Ellard | ||||
| 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 |
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