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Chemring ( (GB:CHG) ) has issued an update.
Chemring Group PLC announced the issuance of 84,262 deferred ordinary shares to Michael Ord, a company director, as part of his annual bonus for the 2024 fiscal year. This award, which is set to vest in three years, underscores Chemring’s commitment to rewarding its leadership, potentially enhancing managerial retention and aligning their interests with the company’s long-term performance.
More about Chemring
Chemring Group PLC operates in the defense and security industry, focusing on advanced technology products and services. The company primarily provides countermeasures, sensors, and energetics to military, aerospace, and security markets worldwide.
YTD Price Performance: -8.53%
Average Trading Volume: 896,314
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £852.8M
See more insights into CHG stock on TipRanks’ Stock Analysis page.
