Director/PDMR Shareholding
Chesnara plc announced that on March 25, 2026, Group Chief Executive Steven Murray, Group Chief Financial Officer Thomas Howard, Group General Counsel Emma Dawe, and Group Company Secretary Alastair Lonie were granted share awards under the 2023 Short Term Incentive Scheme and the 2023 Long Term Incentive Plan. Steven Murray received a total of 294,559 ordinary shares, Thomas Howard received 165,155 ordinary shares, Emma Dawe received 57,321 ordinary shares, and Alastair Lonie received 62,800 ordinary shares. These awards were granted at nil cost, with the short-term incentive options exercisable from March 25, 2029, to March 25, 2036, and the long-term incentive options subject to performance targets over three financial years before becoming exercisable within the same timeframe.
Select text to share a quote on X · sign in to keep highlights & notes in your CSN notes
Chesnara plc (CSN.L) announces that on 25th March 2026 and in accordance with the current Directors' Remuneration Policy, which was approved by shareholders on 16th May 2023, Group Chief Executive Steven Murray, Group Chief Financial Officer Thomas Howard, Group General Counsel Emma Dawe and Group Company Secretary Alastair Lonie (all PDMRs) were granted awards over the ordinary shares of the Company under the Chesnara plc 2023 Short Term Incentive Scheme and 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.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) b) | Natural person: Legal person | Steven Murray | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Group Chief Executive Officer | |
| b) | Initial notification/amendment | Initial notification | |
| 3 | Details of the Issuer | ||
| a) | Name | Chesnara plc | |
| b) | Legal Entity Identifier: | 213800VFRMBRTSZ3SJ06 | |
| a) | Description of the financial instrument, type of instrument (Identification code) | Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) | |
| b) | Nature of the transaction | GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25 t h March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. GRANT 2 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 25 th March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | GRANT 1 63,525 Ordinary shares of 5p each | ||
| Nil | GRANT 2 231,034 Ordinary shares of 5p each | ||
| d) | Aggregated information - Aggregated volume - Price | - 294,559 ORDINARY SHARES OF 5P EACH - Nil | |
| e) | Date of the transaction (YYYY - MM - DD) | 2026-03-25 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) b) | Natural person: Legal person | Thomas Howard | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Group Chief Financial Officer | |
| b) | Initial notification/amendment | Initial notification | |
| 3 | Details of the Issuer | ||
| a) | Name | Chesnara plc | |
| b) | Legal Entity Identifier: | 213800VFRMBRTSZ3SJ06 | |
| a) | Description of the financial instrument, type of instrument (Identification code) | Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) | |
| b) | Nature of the transaction | GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25 t h March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. GRANT 2 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 25 th March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | GRANT 1 42,052 Ordinary shares of 5p each | ||
| Nil | GRANT 2 123,103 Ordinary shares of 5p each | ||
| d) | Aggregated information - Aggregated volume - Price | - 165,155 ORDINARY SHARES OF 5P EACH - Nil | |
| e) | Date of the transaction (YYYY - MM - DD) | 2026-03-25 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) b) | Natural person: Legal person | Emma Dawe | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Group General Counsel | |
| b) | Initial notification/amendment | Initial notification | |
| 3 | Details of the Issuer | ||
| a) | Name | Chesnara plc | |
| b) | Legal Entity Identifier: | 213800VFRMBRTSZ3SJ06 | |
| a) | Description of the financial instrument, type of instrument (Identification code) | Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) | |
| b) | Nature of the transaction | GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25 t h March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. GRANT 2 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 25 th March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | GRANT 1 10,028 Ordinary shares of 5p each | ||
| Nil | GRANT 2 47,293 Ordinary shares of 5p each | ||
| d) | Aggregated information - Aggregated volume - Price | - 57,321 ORDINARY SHARES OF 5P EACH - Nil | |
| e) | Date of the transaction (YYYY - MM - DD) | 2026-03-25 | |
| f) | Place of the transaction | XOFF | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) b) | Natural person: Legal person | Alastair Lonie | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Group Company Secretary | |
| b) | Initial notification/amendment | Initial notification | |
| 3 | Details of the Issuer | ||
| a) | Name | Chesnara plc | |
| b) | Legal Entity Identifier: | 213800VFRMBRTSZ3SJ06 | |
| a) | Description of the financial instrument, type of instrument (Identification code) | Chesnara plc Ordinary Shares of 5 pence each (GB00B00FPT80) | |
| b) | Nature of the transaction | GRANT 1 Granted under the Chesnara 2023 Short-term Incentive Scheme. The option is not subject to a performance target. The option will become exercisable on 25 t h March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. GRANT 2 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 25 th March 2029 and remain exercisable up to and including 25 th March 2036 if not exercised before that date. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | GRANT 1 14,162 Ordinary shares of 5p each | ||
| Nil | GRANT 2 48,638 Ordinary shares of 5p each | ||
| d) | Aggregated information - Aggregated volume - Price | - 62,800 ORDINARY SHARES OF 5P EACH - Nil | |
| e) | Date of the transaction (YYYY - MM - DD) | 2026-03-25 | |
| f) | Place of the transaction | XOFF |
Name of authorised official of issuer responsible for making notification: - Alastair Lonie, Group Company Secretary Date of notification: - 27 th March 2026
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.