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Chesnara plc announced on March 26, 2026, that Group CEO Steve Murray and his PCA Elsie Murray, along with Group CFO Tom Howard, engaged in transactions involving Chesnara ordinary shares. On March 24-25, 2026, Steve Murray exercised options for a total of 13,775 shares (nil price) and sold 6,971 shares at 297.6101p, while Elsie Murray acquired 17,327 shares at 292.826p. Concurrently, Tom Howard exercised options for 30,196 shares (nil price) and sold 14,890 shares at 295.1111p, resulting in Steve Murray holding 477,399 Ordinary Shares and Tom Howard holding 156,299 Ordinary Shares.
| Date | 26 Mar 2026 |
| Time | 07:00:09 |
| Category | Director/PDMR dealings |
| ID | 1578Y |
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LEI Number: 213800VFRMBRTSZ3SJ06
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26th March 2026
NOTIFICATION OF PDMR/PCA DEALING
Chesnara plc (CSN.L) announces that Steve Murray, Group CEO and a PDMR of the Company, has acquired ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the exercise of his Short Term Incentive Scheme ("STIS") and Long Term Incentive Plan ("LTIP") options. In addition, the Company announces that Elsie Murray, a Person Closely Associated ("PCA") with Steve Murray, has acquired ordinary shares of 5 pence each.
Further, the Company announces that Tom Howard, Group CFO and a PDMR of the Company, has acquired ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the exercise of his Buy-out Award Scheme options.
Following the exercise, Steve Murray now holds a total interest in 477,399 Ordinary Shares (including Ordinary Shares held by a PCA) and Tom Howard now holds a total interest in 156,299 Ordinary Shares (including Ordinary Shares held by a PCA).
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Steve Murray |
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2 |
Reason for the notification |
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a) |
Position/status |
Group Chief Executive Officer |
|
b) |
Initial notification /Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Chesnara plc |
|
b) |
LEI |
213800VFRMBRTSZ3SJ06 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
|
a) |
Description of the financial instrument, type of instrument and identification code |
Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80) |
|
b) |
Nature of the transaction |
1. Exercise of options over 9,046 shares following vesting of the conditional awards under the 2014 Long Term Incentive Plan as adjusted for the 2025 Rights Issue as set out in the 2025 Annual Report & Accounts. 2. Exercise of options over 4,729 shares following vesting of the conditional awards under the 2014 Short Term Incentive Scheme as adjusted for the 2025 Rights Issue as set out in the 2025 Annual Report & Accounts. 3. 6,971 shares sold to cover tax and social security obligations |
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c) |
Price(s) and volume(s) |
1. Price: Nil. Volume: 9,046. 2. Price: Nil. Volume: 4,729. 3. Price: 297.6101p. Volume: 6,971.
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|
d) |
Aggregated information |
N/A
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e) |
Date of the transaction |
1. 24th March 2026. 2. 24th March 2026. 3. 25th March 2026 |
|
f) |
Place of the transaction |
1. XOFF 2. XOFF 3. London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Elsie Murray |
|
2 |
Reason for the notification |
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|
a) |
Position/status |
PCA |
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b) |
Initial notification /Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Chesnara plc |
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b) |
LEI |
213800VFRMBRTSZ3SJ06 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
|
a) |
Description of the financial instrument, type of instrument and identification code |
Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80) |
|
b) |
Nature of the transaction |
17,327 Ordinary Shares acquired. |
|
c) |
Price(s) and volume(s) |
Price: 292.826p. Volume: 17,327.
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d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
24th March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Tom Howard |
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2 |
Reason for the notification |
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|
a) |
Position/status |
Group Chief Finance Officer |
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b) |
Initial notification /Amendment |
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Chesnara plc |
|
b) |
LEI |
213800VFRMBRTSZ3SJ06 |
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
|
a) |
Description of the financial instrument, type of instrument and identification code |
Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80) |
|
b) |
Nature of the transaction |
1. Exercise of options over 30,196 shares following vesting of the conditional awards under the 2014 Long Term Incentive Plan as adjusted for the 2025 Rights Issue as set out in the 2025 Annual Report & Accounts. 2. 14,890 shares sold to cover tax and social security obligations |
|
c) |
Price(s) and volume(s) |
1. Price: Nil. Volume: 30,196. 2. Price: 295.1111p. Volume: 14,890.
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d) |
Aggregated information |
N/A
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e) |
Date of the transaction |
1. 25th March 2026. 2. 25th March 2026 |
|
f) |
Place of the transaction |
1. XOFF 2. London Stock Exchange (XLON) |
The above notifications are made in accordance with the requirements of the UK Market Abuse Regulation.
For further information, please contact:
Investor Enquiries
Sam Perowne
Head of Strategic Development & Investor Relations
Chesnara plc
E - sam.perowne@chesnara.co.uk
Media Enquiries
Misha Bayliss - +44 20 7427 5465
Oscar Burnett - +44 20 7427 5435
Teneo
Notes to Editors
Chesnara plc (CSN.L) is a FTSE 250 European life, pensions and investment company with specialist expertise in consolidation. We now administer c1.4m policies across the Group's business units of Countrywide Assured and Chesnara Life (formerly HSBC Life (UK) Ltd) in the UK, Scildon in the Netherlands and Movestic in Sweden. Following a three-pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing focused, profitable new business in the UK, Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios. Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 21 years in succession.
Further details are available on the Company's website (www.chesnara.co.uk).
