Hastings Group Holdings plc Director/PDMR Shareholding (9660V)

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RNS Number : 9660V

Hastings Group Holdings plc

12 April 2019

Director/PDMR Shareholding

FOR IMMEDIATE RELEASE

12 April 2019

Hastings Group Holdings plc

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')

On 11 April 2019, 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 
 Tobias van der 
  Meer              CEO           11,349 
 Richard Hoskins    CFO           7,944

No consideration was paid for the grant of the Awards which are in relation to the deferred element of 2018 annual bonus awards. The Awards will vest on 16 March 2022.

The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares 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 GBP2.2028 pence per share.

The above information is disclosed pursuant to article 19 of the Market Abuse Regulation.

Tony Leppard

Group Company Secretary

cosec@hastingsplc.com

Instinctif Partners

Tim Linacre / Lewis Hill

T: +44 (0) 207 457 2020

hastings@instinctif.com

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

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