Director/PDMR Shareholding

Released : 29.11.2016 14:00

RNS Number : 4531Q
Direct Line Insurance Group PLC
29 November 2016
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

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

 

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jonathan Greenwood ("JG")

Simon Linares ("SL")

Steven Maddock ("SM")

John Reizenstein ("JR")

Humphrey Tomlinson ("HT")

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

JG - Managing Director, Commercial / PDMR

SL - Human Resources Director / PDMR

SM - Chief Operating Officer / PDMR

JR - Chief Financial Officer / PDMR

HT - General Counsel / 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

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Purchase of Shares and the allocation of one Share for every two Shares purchased under the Buy As You Earn Plan. Under this transaction the following Partnership Shares were purchased and Matching Shares were acquired for each PDMR. This was a non-discretionary transaction.

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s) of Partnership Shares

Volume(s) of Matching Shares

£3.5565

JG - 42

JG - 21

SL - 42

SL - 21

SM - 43

SM - 21

JR - 42

JR - 21

HT - 42

HT - 21

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Price(s)

Aggregated volume

 

 

 

£3.5565

JG - 63

SL - 63

SM - 64

JR - 63

HT - 63

 

 

e)

 

Date of the transaction

 

 

28 November 2016

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

 

Simon Watson

Deputy Company Secretary
Email: 
Simon.A.Watson@directlinegroup.co.uk

Telephone:  0165 1831911

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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