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LEI
Number: 213800VFRMBRTSZ3SJ06
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9th April 2024
CHESNARA plc
("Chesnara", "the Company" or the
"Group")
CHANGE OF DIRECTORSHIP
Listing Rule 9.6.11R - Notification of Board Changes and
Directors Details
In accordance with Listing Rule
9.6.11R, the Company advises that Mark Hesketh, Independent
Non-Executive Director of Chesnara plc, will be stepping down from
the Board of Chesnara plc with immediate effect.[1]
Mark Hesketh will be appointed also
with immediate effect, to the role of Chair of the Board of the
Company's UK business Countrywide Assured plc. Countrywide
Assured plc is a wholly owned subsidiary of Chesnara
plc.
There is no further information
which would require disclosure under 9.6.11R of the Listing
Rules.
For further information, please
contact:
Investor Enquiries
Sam Perowne
Head of Strategic Development &
Investor Relations
Chesnara plc
E - sam.perowne@chesnara.co.uk
Media Enquiries
Roddy Watt
Director, Capital Markets
FWD
T - 020 7280 0651 / 07714 770
493
E - roddy.watt@fwdconsulting.co.uk
Notes to
Editors
Chesnara (CSN.L) is a European life
and pensions consolidator listed on the London Stock
Exchange. It administers approximately one million policies
and operates as Countrywide Assured and CASLP in the UK, as The
Waard Group and Scildon in the Netherlands, and as Movestic in
Sweden.
Following a three-pillar strategy,
Chesnara's primary responsibility is the efficient administration
of its customers' life and savings policies, ensuring good customer
outcomes and providing a secure and compliant environment to
protect policyholder interests. It 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.
Consistent delivery of the Company
strategy has enabled Chesnara to increase its dividend for 19 years
in succession.
Further details are available on the
Company's website (www.chesnara.co.uk).