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Direct Line Ins Grp - Director/PDMR Shareholding

RNS Number : 2649O
Direct Line Insurance Group PLC
28 May 2020
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

 

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

 

 

Mark Evans ("ME")

Jonathan Greenwood ("JG")

Steven Maddock ("SM")

Neil Manser ("NM")

Kate Syred ("KS")

Humphrey Tomlinson ("HT")

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

ME - Managing Director of Marketing & Digital / PDMR

JG - Managing Director, Commercial / PDMR

SM - Chief Operating Officer / PDMR

NM - Chief Strategy Officer/ PDMR

KS - Managing Director of Household, Partnerships & Data / PDMR

HT - General Counsel / PDMR

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

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 financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Purchase of Shares and the allocation of one Share for every two Shares purchased under the Buy As You Earn Plan. Under this transaction the following Partnership Shares were purchased and Matching Shares were acquired for each PDMR. This was a non-discretionary transaction.

 

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s) of Partnership Shares

£ 2.77897

ME - 54

JG - 54

SM - 54

NM - 54

KS - 53

HT - 53

 

Price(s)

Volume(s) of Matching Shares

Nil

ME - 27

JG - 27

SM - 27

NM - 27

KS- 27

HT - 27

 

 

d)

 

Aggregated information

 

 

- Price

 

 

- Volume

 

 

 

 

Price(s)

Volume

£1.853

ME - 81

£1.853

JG - 81

£1.853

SM - 81

£1.853

NM - 81

£1.841

KS - 80

£1.841

HT - 80

 

 

e)

 

Date of the transaction

 

 

27 May 2020

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary
Email: 
[email protected]


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Direct Line Insurance

Price: 307.6

Market: LSE
Market Cap: £41.97 m
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