Chesnara PLC, a European life insurance consolidator, has announced that its Chief Executive Officer, Steven Murray, has purchased ordinary shares in the company. The company also revealed that its Group Chief Risk Officer, Gavin Hughes, has exercised options over ordinary shares as a result of the vesting of awards made under the 2020 Chesnara Save As You Earn Scheme. The allotment of the shares has been satisfied through the company's existing block listing arrangements. The transactions were made in accordance with the requirements of the EU Market Abuse Regulation. Murray purchased 3,762 ordinary shares at a price of 264.11p, while Hughes exercised options over 3,275 ordinary shares at a price of 219.8p. Both transactions took place on December 7, 2023, on the London Stock Exchange. Chesnara is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates in the UK, the Netherlands, and Sweden. The company's primary responsibility is the efficient administration of its customers' life and savings policies, while also adding value through profitable new business and value-adding acquisitions. Chesnara has increased its dividend for 18 consecutive years.