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Direct Line Ins Grp - Director/PDMR Shareholding

RNS Number : 6720Q
Direct Line Insurance Group PLC
22 June 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

 

DLG has been notified of the below transactions by Mr Jonathan Greenwood, Managing Director - Commercial and his spouse Mrs Teresa Greenwood.  Following these transactions, the total combined number of shares held by Mr and Mrs Greenwood has not changed.  The purpose of the transactions was to effect a transfer of shares to their respective ISA accounts and a transfer of 3,870 shares from Mr Greenwood to Mrs Greenwood.

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jonathan Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Commercial / 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

 

 

Sale of Shares.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£2.800

15,500

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

e)

 

Date of the transaction

 

 

19 June 2020

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jonathan Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Commercial / 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.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£2.822

11,630

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

e)

 

Date of the transaction

 

 

19 June 2020

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Teresa Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated with Jonathan Greenwood (Managing Director, Commercial / 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

 

 

Sale of Shares.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£2.806

4,319

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

 

e)

 

Date of the transaction

 

 

19 June 2020

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Teresa Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated with Jonathan Greenwood (Managing Director, Commercial / 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.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£2.817

8,049

£2.787

35

£2.788

105

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

8,189

 

£23,064

 

 

e)

 

Date of the transaction

 

 

19 June 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: 333.9

Market: LSE
Market Cap: £4.52 billion
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