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Director dealings: Chemring CEO makes share sale

Tue 16 January 2024 15:34 | A A A

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(Sharecast News) - Chemring revealed on Tuesday that chief executive Michael Ord had disposed of 192,412 ordinary shares in the FTSE 250-listed defence firm.

Ord, who took over as CEO in July 2018, sold the shares on Monday at an average price of 348.21p each, for a total value of £669,114.

Following the transaction, Ord retained an interest in 468,038 ordinary Chemring shares.

As of 1605 GMT, Chemring shares were up 0.87% at 349.0p.

Reporting by Iain Gilbert at Sharecast.com

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