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Chemring Announces Director Share Award Vesting and Sale
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Chemring Announces Director Share Award Vesting and Sale

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Chemring ( (GB:CHG) ) just unveiled an announcement.

Chemring Group PLC announced the vesting of 133,726 ordinary shares to director Sarah Ellard under the company’s Performance Share Plan, with the remaining shares of the award lapsing. To cover tax and national insurance liabilities, 63,167 shares were sold on her behalf at the London Stock Exchange. This transaction highlights the company’s commitment to transparency in its executive compensation practices and could influence stakeholder perception regarding corporate governance.

More about Chemring

Chemring Group PLC operates in the defense and security industry, providing advanced technologies for protecting people, platforms, missions, and information. Its primary products include countermeasures, sensors, and energetics, serving military, government, and commercial markets worldwide.

YTD Price Performance: -8.53%

Average Trading Volume: 896,314

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £852.8M

See more data about CHG stock on TipRanks’ Stock Analysis page.

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