REG-Admiral Group PLC : Director/PDMR Shareholding <Origin Href="QuoteRef">ADML.L</Origin>

AdmiralAnnouncement

14/10/2015 18:20

14 October 2015 
This disclosure relates to transactions of which notification is required under DTR 3.1.2.
On 11 October 2012, the following individuals were awarded shares under the Group's Discretionary Free Share Scheme:
- Geraint Jones (Chief Financial Officer);
- Kevin Chidwick (Chief Executive Officer of the Group's US direct insurance business, Elephant Auto), a person discharging managerial responsibility within Admiral Group plc;
- Milena Mondini (Chief Executive Officer of the Group's Italian direct insurance  business, ConTe.it), a person discharging managerial responsibility within AdmiralGroup plc;
- Cristina Nestares (Head of Motor UK), a person discharging managerial responsibilitywithin Admiral Group plc;
100% of the award for Kevin Chidwick and 50% of the awards for Geraint Jones, Milena Mondini and Cristina Nestares were subject to Group Performance conditions from 1 January 2012 to 31 December 2014. The performance conditions applied resulted in 69.7% of the shares subject to performance conditions vesting.
- Geraint Jones was awarded 16,000 shares, of which 13,573 have vested. 6,380 shares were sold on 12 October 2015 at 15.42 and 7,193 have been retained. Geraint Jones, and his wife Karen Jones, now hold a total of 50,260 ordinary shares in Admiral Group;
- Kevin Chidwick was awarded 52,250 shares, of which 36,402 have vested. 27,302 shares were sold on 12 October 2015 at 15.42 and 9,100 have been retained. Kevin Chidwick and family now hold a total of 110,277 ordinary shares in Admiral Group Plc;
- Milena Mondini was awarded 12,000 shares, of which 10,180 have vested. 4,785 were sold on 12 October 2015 at 15.42 and 5,395 have been retained. Milena Mondini, and her husband, Gabriele Fattorelli, hold a total of 19,315 ordinary shares in Admiral Group;
-Cristina Nestares was awarded 25,000 shares, of which 21,208 have vested. 9,968 were sold on 12 October 2015 at 15.42 and 11,240 have been retained. Cristina Nestares now holds a total of 31,632 ordinary shares in Admiral Group.
For further information please contact:
Karen Maguire, Investor Relations 029 20434384
James Carnduff, Communications 029 20434394



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Admiral Group PLC via Globenewswire
HUG#1958946