REG - Sabre Insurance Grp - Director/PDMR Shareholding
22/05/2024 14:00
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RNS Number : 5070P Sabre Insurance Group PLC 22 May 2024
22 May 2024
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial
Responsibility ("PDMRs") or Connected Persons
Sabre announces that the following transactions were undertaken by Directors
and PDMRs in the ordinary shares of the Company on 21 May 2024, in connection
with the maturity of the awards granted in 2021 under Sabre's 2017 Long Term
Incentive Plan ("LTIP").
Sabre's Remuneration Committee resolved that the pre-determined underpins had
been met, and therefore the awards will vest at 100%. It is noted that the
vested shares have a further two-year holding period, however participants
were able to sell shares to cover the tax liability which arose on vesting.
Further information on the LTIP grant and performance against its
pre-determined underpins can be found in the Company's Annual Report, which is
available on the Company's website www.sabreplc.co.uk
(http://www.sabreplc.co.uk) .
Details of the transactions following the DBP's vesting are as follows:
Name and Job Title Number of shares vested Number of shares sold Price at Vesting and Sale Number of shares held in the Company post the transaction Sabre shareholding as a % of issued share capital
(p)
Geoff Carter 126,539 59,683 167.3356 1,712,196 0.69%
Chief Executive Officer
Anneka Kingan 47,638 22,470 167.3356 62,510 0.03%
Chief Risk Officer and Company Secretary
Trevor Webb Claims Director 78,790 37,162 167.3356 1,346,196 0.54%
Adam Westwood Chief Financial Officer 59,548 28,087 167.3356 717,728 0.29%
Matt Wright 48,220 22,744 167.3356 285,332 0.11%
Chief Actuary
This notification is made pursuant to Article 19 of the EU Market Abuse
Regulation.
Additional Information:
Anneka Kingan - Company Secretary
Anneka.kingan@sabre.co.uk (mailto:Anneka.kingan@sabre.co.uk)
LEI Code: 2138006RXRQ8P8VKGV98
PDMR transaction notification
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Geoff Carter
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sabre Insurance Group Plc
b) LEI 2138006RXRQ8P8VKGV98
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 £0.001 each
Identification code GB00BYWVDP49
b) Nature of the transaction Vesting and sale of awards to cover tax, under the Company's Long Term
Incentive Plan
c) Price(s) and volume(s) Price per share Volume
£0 126,539
£1.673356 59,683
d) Aggregated Information
Volume Price per share
Volume 126,539 £0
59,683 £1.673356
Price
e) Date of transaction 21 May 2024
f) Place of transaction London Stock Exchange (XLON)
d)
Aggregated Information
Volume
Price
Volume Price per share
126,539 £0
59,683 £1.673356
e)
Date of transaction
21 May 2024
f)
Place of transaction
London Stock Exchange (XLON)
PDMR transaction notification
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Anneka Kingan
2 Reason for the notification
a) Position/status Chief Risk Officer and Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sabre Insurance Group Plc
b) LEI 2138006RXRQ8P8VKGV98
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 £0.001 each
Identification code GB00BYWVDP49
b) Nature of the transaction Vesting and sale of awards to cover tax, under the Company's Long Term
Incentive Plan
c) Price(s) and volume(s)
Price per share Volume
£0 47,638
£1.673356 22,470
d) Aggregated Information
Volume Price per share
Volume 47,638 £0
22,470 £1.673356
Price
e) Date of transaction 21 May 2024
f) Place of transaction London Stock Exchange (XLON)
d)
Aggregated Information
Volume
Price
Volume Price per share
47,638 £0
22,470 £1.673356
e)
Date of transaction
21 May 2024
f)
Place of transaction
London Stock Exchange (XLON)
PDMR transaction notification
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Trevor Webb
2 Reason for the notification
a) Position/status Claims Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sabre Insurance Group Plc
b) LEI 2138006RXRQ8P8VKGV98
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 £0.001 each
Identification code GB00BYWVDP49
b) Nature of the transaction Vesting and sale of awards to cover tax, under the Company's Long Term
Incentive Plan
c) Price(s) and volume(s)
Price per share Volume
£0 78,790
£1.673356 37,162
d) Aggregated Information
Volume Price per share
Volume 78,790 £0
37,162 £1.673356
Price
e) Date of transaction 21 May 2024
f) Place of transaction London Stock Exchange (XLON)
d)
Aggregated Information
Volume
Price
Volume Price per share
78,790 £0
37,162 £1.673356
e)
Date of transaction
21 May 2024
f)
Place of transaction
London Stock Exchange (XLON)
PDMR transaction notification
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Adam Westwood
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sabre Insurance Group Plc
b) LEI 2138006RXRQ8P8VKGV98
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 £0.001 each
Identification code GB00BYWVDP49
b) Nature of the transaction Vesting and sale of awards to cover tax, under the Company's Long Term
Incentive Plan
c) Price(s) and volume(s)
Price per share Volume
£0 59,548
£1.673356 28,087
d) Aggregated Information
Volume Price per share
Volume 59,548 £0
28,087 £1.673356
Price
e) Date of transaction 21 May 2024
f) Place of transaction London Stock Exchange (XLON)
d)
Aggregated Information
Volume
Price
Volume Price per share
59,548 £0
28,087 £1.673356
e)
Date of transaction
21 May 2024
f)
Place of transaction
London Stock Exchange (XLON)
PDMR transaction notification
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Matt Wright
2 Reason for the notification
a) Position/status Chief Actuary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sabre Insurance Group Plc
b) LEI 2138006RXRQ8P8VKGV98
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 £0.001 each
Identification code GB00BYWVDP49
b) Nature of the transaction Vesting and sale of awards to cover tax, under the Company's Long Term
Incentive Plan
c) Price(s) and volume(s)
Price per share Volume
£0 48,220
£1.673356 22,744
d) Aggregated Information
Volume Price per share
Volume 48,220 £0
22,744 £1.673356
Price
e) Date of transaction 21 May 2024
f) Place of transaction London Stock Exchange (XLON)
d)
Aggregated Information
Volume
Price
Volume Price per share
48,220 £0
22,744 £1.673356
e)
Date of transaction
21 May 2024
f)
Place of transaction
London Stock Exchange (XLON)
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