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On 29th May 2026, Chesnara plc Group CEO, Steve Murray, exercised options over 46,353 ordinary shares of 5 pence each at nil price and subsequently sold 23,361 shares at 322.511p to cover tax obligations. Following these transactions, Steve Murray's total interest in Chesnara plc reached 531,463 ordinary shares. As of 1st June 2026, the Company's issued share capital comprised 231,032,990 ordinary shares of 5p each, with the total number of voting rights also being 231,032,990.
| Date | 1 Jun 2026 |
| Time | 07:00:09 |
| Category | Director/PDMR dealings |
| ID | 3070G |
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LEI Number: 213800VFRMBRTSZ3SJ06
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1st June 2026
NOTIFICATION OF PDMR/PCA DEALING and TOTAL VOTING RIGHTS
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") options. Following the acquisition, Steve Murray now holds a total interest in 531,463 Ordinary Shares (including Ordinary Shares held by a PCA).
Further, in conformity with 5.6.1 of the Disclosure Guidance and Transparency Rules, the Company notifies the market that its issued share capital as at the date of this announcement comprised of 231,032,990 ordinary shares of 5p each with no shares held in Treasury. Each share carries one voting right and therefore the total number of voting rights is 231,032,990.
This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
The above notification is made in accordance with the requirements of the UK Market Abuse Regulation and FCA's Disclosure and Transparency Rules sourcebook..
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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 |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Chesnara plc |
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b) |
LEI |
213800VFRMBRTSZ3SJ06 |
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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 |
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a) |
Description of the financial instrument, type of instrument and identification code |
Chesnara plc Ordinary Shares ID Code: (GB00B00FPT80) |
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b) |
Nature of the transaction |
1. Exercise of options over 46,353 shares following vesting of the conditional awards under the 2023 Short Term Incentive Scheme ("STIS") as adjusted for the 2025 Rights Issue as set out in the 2025 Annual Report & Accounts. 2. 23,361 shares sold to cover tax and social security obligations. |
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c) |
Price(s) and volume(s) |
1. Price: Nil. Volume: 46,353. 2. Price: 322.511p. Volume: 23,361. |
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d) |
Aggregated information |
Volume: 22,992
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e) |
Date of the transaction |
29th May 2026 |
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f) |
Place of the transaction |
1. XOFF 2. London Stock Exchange (XLON) |
The above notification is 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
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).
