Director/PDMR Shareholding
Chemring Group PLC announced that on December 15, 2025, a portion of a performance share award granted to director Michael Ord on December 14, 2022, vested, with 127,868 ordinary 1p shares vesting and the remainder lapsing. Following this vesting, 60,399 ordinary 1p shares were sold on the London Stock Exchange at 481p per share to cover associated tax and national insurance liabilities.
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an award of 255,737 ordinary 1p shares in the capital of the Company previously granted to Michael Ord, a director of the Company, on 14 December 2022 under the Chemring Group Performance Share Plan vested in part to the extent of 127,868 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, 60,399 ordinary 1p shares were sold by the Company on behalf of Mr Ord 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 | 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 | Vesting of performance share plan award | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 127,868 | ||||
| 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 | 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 to meet tax and national insurance liabilities following vesting of performance share plan 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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