Chemring Group PLC has announced that it has granted a conditional award of 255,368 1p ordinary shares to Michael Ord, a director of the company, under the Chemring Group Performance Share Plan 2016. The award does not require any payment and will vest on the third anniversary of the grant, subject to the grantee's continued service and the satisfaction of performance conditions. Any shares that vest will be subject to an additional two-year holding period. The transaction took place on December 13, 2023, in the UK.