Hastings Group Holdings plc Director/PDMR Shareholding (3358K)

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RNS Number : 3358K

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 Bonus Deferral Plan (the "Awards") as follows:

 
 Name               Position                             Number 
                                                        of shares 
                                                         subject 
                                                        to Award 
 Gary Hoffman       Director (formerly CEO)              26,731 
 Tobias van 
  der Meer          CEO                                  14,406 
 Richard Hoskins    CFO                                  17,109 
                    MD, Advantage Insurance Company 
 Edward Biemer       Ltd                                 13,034

No consideration was paid for the grant of the Awards which are in relation to the deferred element of 2017 annual bonus awards. The Awards will vest on 16 March 2021.

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

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