Hastings Group Holdings plc Director/PDMR Shareholding (3349K)
April 09 2018 - 12:33PM
UK Regulatory
TIDMHSTG
RNS Number : 3349K
Hastings Group Holdings plc
09 April 2018
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
9 April 2018
Hastings Group Holdings plc
Notification of Transactions by Directors/Persons Discharging
Managerial Responsibility ('PDMRs')
On 6 April 2018, conditional awards over ordinary shares of
GBP0.02 pence in Hastings Group Holdings plc (the "Company") were
granted to the following PDMRs under the Hastings 2015 Long-Term
Incentive Plan (the "Awards") as follows:
Name Position Number
of shares
subject
to Award
Tobias van
der Meer CEO 411,605
Richard Hoskins CFO 256,110
MD, Advantage Insurance Company
Edward Biemer Ltd 186,594
No consideration was paid for the grant of the Awards. The
vesting of the Awards is subject to continued employment with the
Company and the performance conditions measuring the Company's EPS
and TSR over a period of three financial years.
The number of shares subject to the Award was determined by
using the average mid-market closing price of the Company's
ordinary shares, obtained via FactSet, over the five consecutive
dealing days beginning with the dealing day on which the Company
made a preliminary announcement of its results for the Financial
Year ended 31 December 2017, which was GBP2.7332 pence per
share.
The above information is disclosed pursuant to article 19 of the
Market Abuse Regulation.
Hastings Group
+44 (0) 142 473 8220
Tony Leppard, Company Secretary
Instinctif Partners
+44 (0) 207 457 2020
Giles Stewart
This information is provided by RNS
The company news service from the London Stock Exchange
END
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