RNS Number : 5115K
Chesnara PLC
15 April 2024
 

 

 

LEI Number: 213800VFRMBRTSZ3SJ06

 

 

15th April 2024

 

CHESNARA plc

("Chesnara" or "the Company")

 

CHESNARA PLC CHANGE OF DIRECTORSHIP

 

 

On 7th December 2023, Chesnara (CSN.L) announced that David Rimmington would step down as Group Finance Director and as a Director of Chesnara at the conclusion of the 2024 Annual General Meeting ("AGM") and that Tom Howard would be appointed Group Chief Financial Officer ("Group CFO") at that time subject to regulatory approval.

 

Tom Howard has today been appointed an Executive Director of Chesnara and, with his regulatory approval already secured, will become Chesnara's Group CFO upon election at the 14th May AGM.  The 2023 Directors' Remuneration Report, to be published on Wednesday 17th April 2024, will set out information on Tom's remuneration.

 

 

 

 

Name of authorised official of issuer responsible for making notification: - Amanda Wright

 

Date of notification: - 15th April 2024

 

 

 

 

For further information, please contact:

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk

 

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - roddy.watt@fwdconsulting.co.uk

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange.  It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as 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 profitable new business in Sweden, the Netherlands and the UK 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 19 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).

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