Director/PDMR Shareholding

RNS Number : 2619V

Direct Line Insurance Group PLC

05 August 2020

 

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	Tim Harris
2	Reason for the notification
a)	Position/status	Chief Financial Officer / 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	Exercise of a nil cost option award made under Listing Rule 9.4.2 which vested on 30 June 2020. Mr Harris is retaining all shares acquired under this exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,388
d)	Aggregated information - Aggregated volume - Aggregated price	Not applicable
e)	Date of the transaction	4 August 2020
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vicky Wallis
2	Reason for the notification
a)	Position/status	Chief People Officer / 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	(i)  Exercise of a nil cost award under the Restricted Share Plan which vested on 12 May 2020; and (ii)  Sale of Shares to cover the costs of exercise including tax and dealing costs.
c)	Price(s) and volume(s)	Price(s) Volume(s) (i) Nil 8,960 (ii) £3.28 4,309
d)	Aggregated information - Aggregated volume - Aggregated price	Not applicable
e)	Date of the transaction	4 August 2020
f)	Place of the transaction	(i) Off market (ii) The London Stock Exchange (XLON)

For any enquiries relating to this announcement, please contact:

Marsha Rennie

Assistant Company Secretary
Email:  [e-mail]

 

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