Dividend
- Chesnara PLC declares a final dividend of 14.80p per share, representing a 6% increase on the prior year, and is expected to be paid on 20 May 2026. The ordinary shares will be quoted ex-dividend on the London Stock Exchange as of 2 April 2026. The record date for eligibility for payment will be 7 April 2026.
Other Financial Highlights
- Adjusted Operating Profit (AOP) increased by 42% to £56m (FY24: £39m) primarily from robust operating experience within the Group's insurance-classified portfolios. When including non-operating items, such as investment variances and financing and restructuring costs, the Group's profit before tax moved from £21m to £19m remaining broadly consistent year on year.
- The Chesnara Group operates in the United Kingdom, Sweden and the Netherlands, all of which have now enacted domestic Pillar Two legislation and continue to refine those rules through technical amendments and administrative guidance. Chesnara's consolidated revenues remain below the €750m threshold and the Group therefore continues to be out of scope of the Pillar Two rules for the year ended 31 December 2025.
- To support the acquisition, Chesnara raised £140m (before costs) of capital through a strongly supported rights issue, followed by Chesnara joining the FTSE 250 for the first time on 18 August 2025, marking a major step since its 2004 listing. Post the rights issue, the company secured £150m in Restricted Tier 1 debt at a pre tax coupon of 8.5%, replenishing the Group's central resources available for strategic development including acquisitions.
