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An update from Chemring ( (GB:CHG) ) is now available.
Chemring Group PLC has granted a conditional award of 275,294 ordinary shares to director Michael Ord under its 2016 Performance Share Plan. The shares, which require no payment upon vesting, will vest in three years contingent on performance conditions and continued service, followed by a two-year holding period. This move highlights the company’s commitment to aligning managerial incentives with performance, potentially impacting its strategic direction and stakeholder engagement.
More about Chemring
YTD Price Performance: -8.53%
Average Trading Volume: 896,314
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £852.8M
Learn more about CHG stock on TipRanks’ Stock Analysis page.
