REG - Sabre Insurance Grp - Director/PDMR Shareholding
RNS Number : 9708LSabre Insurance Group PLC11 September 201911 September 2019
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Sabre announces that on 10 September 2019 the following Directors and PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Company's Share Incentive Plan ("SIP"). The SIP is an all employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of £0.001 ("Ordinary Shares"), using deductions from salary in each calendar month ("Partnership Shares") and receives allocations of matching free Ordinary Shares ("Matching Shares").
Details of the number of Partnership Shares purchased by each Director and PDMR at a price of 266 pence per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the Director and PDMR for no consideration are set out below:
Name
Number of Partnership Shares Purchased
Number of Matching Shares Acquired
Total of Shares Acquired
Total number of shares held under the SIP
Geoff Carter
Chief Executive Officer
56
19
75
220
Trevor Webb
Claims Director
56
19
75
220
The transactions were notified to the Company on 11 September 2019.
This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.
Additional Information:
Anneka Kingan - Company Secretary
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
Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
c)
Price(s) and volume(s)
Price per share
Volume
266 pence
75
d)
Aggregated Information
Volume
Price
Volume
Price per share
75
266 pence
e)
Date of transaction
10 September 2019
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
Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
Identification code
GB00BYWVDP49
b)
Nature of the transaction
Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
c)
Price(s) and volume(s)
Price per share
Volume
266 pence
75
d)
Aggregated Information
Volume
Price
Volume
Price per share
75
266 pence
e)
Date of transaction
10 September 2019
f)
Place of transaction
London Stock Exchange (XLON)
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