Chesnara PLC, a European life and pensions consolidator listed on the London Stock Exchange, has released its block listing six-monthly return. The return covers the period from October 25, 2023, to April 24, 2024, and includes details of the un-allotted securities under the Short-Term (STIS) & Long-Term (LTIP) Incentive Schemes, as well as the Share Save & Scildon Share Bonus Plan. The balance of un-allotted securities under the schemes from the previous return was 578,820 for STIS and LTIP, and 166,029 for the Share Save & Scildon Share Bonus Plan.
During the specified period, 205,312 securities were issued/allotted for STIS and LTIP, and 59,363 for the Share Save & Scildon Share Bonus Plan. This resulted in a balance of 373,508 unissued/allotted securities for STIS and LTIP, and 106,666 for the Share Save & Scildon Share Bonus Plan at the end of the period.
Chesnara's three-pillar strategy focuses on efficiently administering its customers' life and savings policies, ensuring good customer outcomes, and providing a secure and compliant environment to protect policyholder interests. The company also adds value by writing profitable new business in Sweden, the Netherlands, and the UK, as well as by undertaking value-adding acquisitions of either companies or portfolios. Chesnara has consistently increased its dividend for 19 years in succession, reflecting the successful delivery of its strategy.
For further information, Chesnara provides contact details for investor and media inquiries. Amanda Wright can be contacted for general inquiries, while Sam Perowne and Roddy Watt are available for investor and media inquiries, respectively.