Director/PDMR Shareholding
Updated : 14:46
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 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
| Tim Harris | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer / 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
| Exercise of a nil cost option award made under Listing Rule 9.4.2 which vested on 30 June 2020. Mr Harris is retaining all shares acquired under this exercise.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Aggregated price |
Not applicable | ||||
e)
| Date of the transaction
| 4 August 2020 | ||||
f)
| Place of the transaction
| Off market |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Vicky Wallis | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Chief People Officer / 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
| (i) Exercise of a nil cost award under the Restricted Share Plan which vested on 12 May 2020; and (ii) Sale of Shares to cover the costs of exercise including tax and dealing costs.
| ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Aggregated price
|
Not applicable | ||||||
e)
| Date of the transaction
| 4 August 2020 | ||||||
f)
| Place of the transaction
| (i) Off market (ii) The London Stock Exchange (XLON) |
For any enquiries relating to this announcement, please contact:
Marsha Rennie
Assistant Company Secretary
Email: Marsha.Rennie@directlinegroup.co.uk
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