Direct Line Insurance Group plc (DLG)
Buy As You Earn Plan ("BAYE")
Date: 4 April 2013
DLG was notified today that on 27 March 2013 the following persons discharging managerial responsibilities ('PDMR') purchased ordinary shares in DLG ('Shares'), and was allocated one ordinary share for every two shares purchased free of charge ('Matching Shares') under the BAYE. This was a non-discretionary transaction.
PDMR |
Shares held before the transaction |
No. of Shares purchased |
Price per share purchased (GBP) |
No. of Matching Shares acquired |
Shares held following the transaction |
|
A |
B |
|
C |
A+B+C |
James Brown |
143 |
61 |
£2.025 |
30 |
234 |
Thomas Woolgrove |
143 |
61 |
£2.025 |
30 |
234 |
The BAYE is an HMRC-approved Share Incentive Plan under which qualifying UK employees are able to purchase ordinary shares of 10p each in the Company out of monthly deductions from salary and are allocated Matching Shares as described above.
This announcement is made in accordance with the requirements of DTR 3.1.4 R.
For any enquiries relating to this announcement, please contact:
Ines Watson
Senior Assistant Company Secretary, Governance
Email: ines.watson@directlinegroup.co.uk
Telephone: 020 8313 5997