Director/PDMR Shareholding

RNS Number : 8439D

Direct Line Insurance Group PLC

02 April 2014

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.	Name of the issuer DIRECT LINE INSURANCE GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). (i)
3.	Name of person discharging managerial responsibilities/director HUMPHREY TOMLINSON	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non beneficial interest AS IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 10 PENCE EACH
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them HUMPHREY TOMLINSON	8.	State the nature of the transaction Sale of 48,797 ordinary shares at £2.385 per share effected to meet an immediate tax and national insurance liability, which arose on the release of 104,645 ordinary shares awarded under the RBS 2010 Long Term Incentive Plan. Mr Tomlinson has retained 55,848 ordinary shares.
9.	Number of shares, debentures or financial instruments relating to shares acquired 55,848 ORDINARY SHARES	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
11.	Number of shares, debentures or financial instruments relating to shares disposed 48,797 ORDINARY SHARES	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
13.	Price per share or value of transaction £2.385	14.	Date and place of transaction 1 APRIL 2014
15.	Date issuer informed of transaction 1 APRIL 2014

1.	Name of the issuer DIRECT LINE INSURANCE GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). (i)
3.	Name of person discharging managerial responsibilities/director JOSE VAZQUEZ	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non beneficial interest AS IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 10 PENCE EACH
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them JOSE VAZQUEZ	8.	State the nature of the transaction Sale of 7,618 ordinary shares at £2.385 per share effected to meet an immediate tax and national insurance liability, which arose on the release of 17,162 ordinary shares awarded under the RBS 2010 Long Term Incentive Plan. Mr Vazquez has retained 9,544 ordinary shares.
9.	Number of shares, debentures or financial instruments relating to shares acquired 9,544 ORDINARY SHARES	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
11.	Number of shares, debentures or financial instruments relating to shares disposed 7,618 ORDINARY SHARES	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
13.	Price per share or value of transaction £2.385	14.	Date and place of transaction 1 APRIL 2014
15.	Date issuer informed of transaction 1 APRIL 2014

Name of authorised official of issuer responsible for making notification Roger Clifton, Company Secretary Date of notification: 2 APRIL 2014

 

END

 

 

RDSVLLBBZZFBBBL