Chesnara PLC, a European life insurance consolidator, has announced that its Chair and PDMR (Person Discharging Managerial Responsibilities), Luke Savage, has purchased 10,000 ordinary shares in the company. The shares were bought at a price of 262.99p each on the London Stock Exchange. The transaction took place on 20th October 2023. Chesnara administers approximately one million policies and operates under various brands in the UK, the Netherlands, and Sweden. The company's primary focus is on efficiently administering its customers' life and savings policies, ensuring good customer outcomes, and protecting policyholder interests. Chesnara also seeks to add value through profitable new business and value-adding acquisitions. The company has increased its dividend for 18 consecutive years.