esure Group plc Director/PDMR Shareholding (4979I)

TIDMESUR

RNS Number : 4979I

esure Group plc

21 March 2018

esure Group plc

Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

Strategic Leadership Plan

esure Group plc (the "Company") announces that on 20 March 2018, Darren Ogden, a Director of the Company, and a person discharging managerial responsibility was granted an award over ordinary shares of 1/12p each in the Company under the esure Group plc 2016 Strategic Leadership Plan.

The vesting of the Award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The award is subject to performance conditions measured over three financial years. The award will normally vest on the third anniversary of grant subject to the achievement of the performance conditions. It is subject to an additional holding period of two years. No consideration was paid for the grant of the award. The Award will become exercisable on 20 March 2021. Details are provided below.

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  --------------------------------------------------------------------- 
 a)   Name                            Darren Ogden 
---  ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position                        Interim Chief Executive Officer 
       / status 
---  ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  ------------------------------------- 
 3.   Details of the Issuer 
---  --------------------------------------------------------------------- 
 a)   Name                            esure Group plc 
---  ------------------------------  ------------------------------------- 
 b)   LEI                             213800KOI3F5LM54PT80 
---  ------------------------------  ------------------------------------- 
 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                     esure Group plc ordinary shares 
       of the financial                of 1/12 pence 
       instrument                      ISIN: GB00B8KJH563 
---  ------------------------------  ------------------------------------- 
 b)   Nature of                       Grant of award under the esure 
       the transaction                 Group plc 2016 Strategic Leadership 
                                       Plan. 
---  ------------------------------  ------------------------------------- 
 c)   Price(s)                         Price(s)             Volume(s) 
       and volume(s)                   -------------------  ---------- 
                                        Nil consideration    444,053 
                                       -------------------  ---------- 
---  ------------------------------  ------------------------------------- 
 d)        Aggregated 
            information                 N/A 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  ------------------------------------- 
 
 
 e)   Date of the        20 March 2018 
       transaction 
---  -----------------  ---------------------------- 
 f)   Place of           Grant of the award occurred 
       the transaction    outside a trading venue 
---  -----------------  ----------------------------

Enquiries:

Alice Rivers, Company Secretary

Tel: 01737 235504

21 March 2018

esure Group plc is listed on the London Stock Exchange (ESUR)

Registered Office: The Observatory, Reigate, Surrey RH2 0SG

Registered in England and Wales with registered number: 7064312

LEI: 213800KOI3F5LM54PT80

ISIN: GB00B8KJH563

This information is provided by RNS

The company news service from the London Stock Exchange

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