RNS Number : 6588Z
Sabre Insurance Group PLC
08 April 2026
8 April 2026
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Awards under the Company's Long Term Incentive Plan
The Company announces that on 7 April 2026 the following directors and PDMRs of the Company were, subject to the rules of the Sabre 2017 Long Term Incentive Plan, each granted a conditional award (the 'LTIP Award') of ordinary shares of £0.001 in the Company as detailed below:
Name
Position
Number of shares subject to award
Geoff Carter
Chief Executive Officer
264,038
Anneka Kingan
Chief Risk and Governance Officer
115,919
Trevor Webb
Claims Director
164,404
Adam Westwood
Chief Financial Officer
128,997
Matt Wright
Chief Actuary
128,997
The awards will vest on the third anniversary of their grant, and are subject to an additional retention period of two years, commencing on the awards' vesting date.
The vesting of the awards will be subject to the following underpins:
· that the solvency coverage ratio of the Group (being the ratio of the Group's Solvency II net assets to its Solvency Capital Requirement, calculated before the final dividend is paid, expressed as a percentage) is maintained in excess of 140% over the LTIP Period;
· that the Group has achieved a Return On Tangible Equity (being the ratio of the Group's adjusted profit after tax to its average tangible equity, expressed as a percentage) in excess of 10% for each full reporting period which falls within the LTIP Period;
· that there has been no material intervention by a regulatory authority either initiated during the LTIP Period or related to it, that results in a Group Member being required by the relevant authority to undertake actions or remedial measures; and
· overall Committee discretion.
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
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
A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Grant of conditional award
c)
Price(s) and volume(s)
Price per share
Volume
£1.553
264,038
d)
Aggregated Information Volume Price
Volume
Price per share
264,038
£1.553
e)
Date of transaction
7 April 2026
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 and Governance 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
A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Grant of conditional award
c)
Price(s) and volume(s)
Price per share
Volume
£1.553
115,919
d)
Aggregated Information Volume Price
Volume
Price per share
115,919
£1.553
e)
Date of transaction
7 April 2026
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
A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Grant of conditional award
c)
Price(s) and volume(s)
Price per share
Volume
£1.553
164,404
d)
Aggregated Information Volume Price
Volume
Price per share
164,404
£1.553
e)
Date of transaction
7 April 2026
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
A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Grant of conditional award
c)
Price(s) and volume(s)
Price per share
Volume
£1.553
128,997
d)
Aggregated Information Volume Price
Volume
Price per share
128,997
£1.553
e)
Date of transaction
7 April 2026
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
A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Grant of conditional award
c)
Price(s) and volume(s)
Price per share
Volume
£1.553
128,997
d)
Aggregated Information Volume Price
Volume
Price per share
128,997
£1.553
e)
Date of transaction
7 April 2026
f)
Place of transaction
London Stock Exchange (XLON)
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