Direct Line Insurance Group PLC Director/PDMR Shareholding (5698Z)
September 03 2018 - 6:30AM
UK Regulatory
TIDMDLG
RNS Number : 5698Z
Direct Line Insurance Group PLC
03 September 2018
DIRECT LINE INSURANCE GROUP PLC ("DLG")
TRANSACTIONS IN SHARES BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY ("PDMRs")
3 SEPTEMBER 2018
The following disclosures are made in accordance with Article 19
of the EU Market Abuse Regulation 596/2014.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Paul Geddes
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Executive Officer / PDMR
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- ----------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- ----------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
and
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs.
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 167,025
-----------
(iii) 3.3338 78,700
-----------
-------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- ----------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- ----------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jonathan Greenwood
-------------------------- -------------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status Managing Director, Commercial / PDMR
-------------------------- -------------------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- -------------------------------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- -------------------------------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- -------------------------------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs; and
(iv) Sale of 23,575 Shares remaining
from balance.
-------------------------- -------------------------------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 48,477
-----------
(iii) 3.3338 22,902
-----------
(iv) 3.3338 23,575
-----------
-------------------------- -------------------------------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- -------------------------------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- -------------------------------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- -------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mike Holliday-Williams
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Managing Director, Personal Lines /
PDMR
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- ----------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- ----------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
and
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs.
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 84,837
-----------
(iii) 3.3338 39,975
-----------
-------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- ----------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- ----------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Linares
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Human Resources Director / PDMR
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- ----------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- ----------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
and
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs.
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 58,173
-----------
(iii) 3.3338 27,412
-----------
-------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- ----------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- ----------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Steve Maddock
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Operating Officer / PDMR
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- ----------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- ----------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs; and
(iv) Sale of 28,110 Shares from remaining
balance.
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 64,637
-----------
(iii) 3.3338 30,527
-----------
(iv) 3.3338 28,110
-----------
-------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- ----------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- ----------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Humphrey Tomlinson
-------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status General Counsel / PDMR
-------------------------- -------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- -------------------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- -------------------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- -------------------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs; and
(iv) Sale of remaining balance of Shares.
-------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 35,305
-----------
(iii) 3.3338 16,683
-----------
(iv) 3.3338 18,622
-----------
-------------------------- -------------------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- -------------------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- -------------------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jose Vazquez
-------------------------- ---------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Chief Risk Officer / PDMR
-------------------------- ---------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ---------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name Direct Line Insurance Group plc
-------------------------- ---------------------------------------------------
b) LEI 213800FF2R23ALJQOP04
-------------------------- ---------------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------------------
a) Description of the Ordinary shares of 10 (10) /(11) pence
financial instrument, ("Shares")
type of instrument
Identification code
GB00BY9D0Y18
-------------------------- ---------------------------------------------------
b) Nature of the transaction (i) Vesting of Shares (as nil cost
options) under DLG Long Term Incentive
Plan (the "LTIP") granted in August
2015 at a vesting rate of 60%. The
number of Shares vesting includes additional
dividend equivalent Shares, in accordance
with the rules of the LTIP;
(ii) Acquisition of vested Shares;
(iii) Sale of Shares to cover the costs
of exercise including tax and dealing
costs; and
(iv) Sale of 23,732 Shares of remaining
balance.
-------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price (s) Volume (s)
(i) & (ii) Nil 63,902
-----------
(iii) 3.3338 30,170
-----------
(iv) 3.3338 23,732
-----------
-------------------------- ---------------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- ---------------------------------------------------
e) Date of the transaction 29 August 2018
-------------------------- ---------------------------------------------------
f) Place of the transaction The London Stock Exchange (XLON)
-------------------------- ---------------------------------------------------
For any enquiries relating to this announcement, please
contact:
Simon Watson
Deputy Company Secretary
Telephone: 01651 831911
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHKXLBBVKFXBBE
(END) Dow Jones Newswires
September 03, 2018 06:30 ET (10:30 GMT)
Direct Line Insurance (LSE:DLG)
Historical Stock Chart
From Apr 2024 to May 2024
Direct Line Insurance (LSE:DLG)
Historical Stock Chart
From May 2023 to May 2024
