Director/PDMR Shareholding

RNS Number : 1788E

Sabre Insurance Group PLC

16 October 2018

 

16 October 2018

Sabre Insurance Group plc

Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Sabre Insurance Group plc (the "Company" or "Sabre), one of the UK's leading private motor insurance underwriters, announces that it was notified on 15 October 2018 that James Ockenden, Chief Actuary, sold 982,686 Ordinary Shares of 0.01 pence each in the capital of the Company on 15 October 2018 at an average price of 259.02 pence per Ordinary Share (the "Transaction").

Following the transaction, Mr Ockenden holds 982,686 Ordinary Shares in the Company, representing 0.39 per cent. of the Company's issued share capital and will retain approximately 50% of his original holding in the Company following the IPO.

Further details of the Transaction are set out below and in the attached notification as required by the EU Market Abuse Regulation.

For further information, please contact:

Anneka Kingan - Company Secretary

[e-mail] 

LEI Code: 2138006RXRQ8P8VKGV98

Sabre Insurance Group Plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Ockenden
2	Reason for the notification
a)	Position/status	Chief Actuary
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	Ordinary Shares
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price per share Volume £2.5902 982,686
d)	Aggregated Information Volume Price	Volume Price per share 982,686 £2.5902
e)	Date of transaction	15 October 2018
f)	Place of transaction	London Stock Exchange (XLON)

 

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