Chemring Group PLC has announced that on 15 December 2023, an award of 71,989 deferred ordinary 1p shares in the company previously granted to Michael Ord, a director of the company, vested. The deferred share award was originally made in satisfaction of 40% of Mr. Ord's annual bonus payment for the year ended 31 October 2020. Subsequently, 71,989 ordinary shares were sold, of which 33,835 shares were sold by the company on behalf of Mr. Ord to cover tax and national insurance liabilities arising on vesting. The transactions were conducted in the UK.