Chesnara PLC, a European life insurance consolidator, has announced that its Chief Executive Officer and Person Discharging Managerial Responsibilities (PDMR), Steven Murray, has purchased ordinary shares in the company through his Dividend Reinvestment Plan election. The transaction involved the purchase of 958 ordinary shares at a price of 262.98p per share on November 13, 2023, on the London Stock Exchange. The notification is in compliance with the EU Market Abuse Regulation. Chesnara administers approximately one million policies and operates under various brands in the UK, the Netherlands, and Sweden. The company follows a three-pillar strategy focused on efficient policy administration, writing profitable new business, and value-adding acquisitions. Chesnara has increased its dividend for 18 consecutive years.