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Chemring ( (GB:CHG) ) has shared an update.
Chemring Group PLC announced a significant update regarding share dealings involving James Mortensen, a director. A conditional award of 79,665 ordinary shares, granted last year, vested partially, resulting in 77,776 shares. To address tax obligations, 36,739 shares were sold on the open market. This transaction highlights the company’s ongoing compliance with share dealing regulations and the management of executive compensation, potentially impacting stakeholders’ perception of corporate governance.
More about Chemring
Chemring Group PLC operates in the defense and aerospace industry, providing advanced technology products and services. The company focuses on sectors such as countermeasures, sensors, and energetics, serving markets with security and defense needs.
YTD Price Performance: -8.53%
Average Trading Volume: 896,314
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £852.8M
Find detailed analytics on CHG stock on TipRanks’ Stock Analysis page.
