REG - Direct Line Ins Grp - Director/PDMR Shareholding

Direct Line InsuranceAnnouncement

03/04/2024 12:00

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RNS Number : 1563J  Direct Line Insurance Group PLC  03 April 2024

DIRECT LINE INSURANCE GROUP PLC ("DLG")

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

 

3 APRIL 2024

 

The notification below is provided in accordance with the requirements of the
EU Market Abuse Regulation (as incorporated into UK domestic law by the
European Union (Withdrawal) Act 2018).

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kate Syred

 2    Reason for the notification

 a)   Position/status                                              Chief Customer 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  Ordinary shares of 10 (10)/(11) pence ("Shares")

      Identification code

                                                                   GB00BY9D0Y18

 b)   Nature of the transaction                                    (i)         Vesting of Shares granted in March 2020 (as nil cost

                                                            options) under the DLG Deferred Annual Incentive Plan (the "DAIP.") The number
                                                                   of Shares vesting included additional dividend equivalent Shares, in

                                                            accordance with the rules of the DAIP;

                                                                   (ii)        Sale of Shares to cover the costs of exercise including tax
                                                                   and dealing costs; and

                                                                   (iii)       Sale of Shares from the remaining balance.

 c)   Price(s) and volume(s)

Price(s)                     Volume(s)
                                                                   (i) Nil                      53,416

                                                            (ii) & (iii) £1.908031       53,416

 

 d)   Aggregated information

      - Aggregated volume                                          Not applicable

      - Aggregated price

 e)   Date of the transaction                                      (i)         27 March 2023

                                                                   (ii)        and (iii) 2 April 2024

 f)   Place of the transaction                                     (i) Off market

                                                                   (ii) & (iii) The London Stock Exchange (XLON)

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

(i)         27 March 2023

(ii)        and (iii) 2 April 2024

f)

 

Place of the transaction

 

 

(i) Off market

(ii) & (iii) The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary

Email:  Roger.Clifton@directlinegroup.co.uk
(mailto:Roger.Clifton@directlinegroup.co.uk)

 

 

LEI: 213800FF2R23ALJQOP04

 

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