Director/PDMR Shareholding

RNS Number : 1536S

Sabre Insurance Group PLC

21 June 2018

 

21 June 2018

Sabre Insurance Group plc ("Sabre" or the "Company")

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

Further to the approval of the Company's directors' remuneration policy at the 2018 AGM, Sabre announces that today the following directors and PDMRs of the Company were, subject to the rules of the Sabre 2017 Long-Term Incentive Plan (the "Plan"), each granted a conditional award of ordinary shares of 0.001p in the Company as detailed below:

Name	Position	No of shares subject to award
Geoff Carter	Chief Executive Officer	186,289
Adam Westwood	Chief Financial Officer	83,830
Trevor Webb	Claims Director	102,459
James Ockenden	Chief Actuary	93,144
Anneka Kingan	Company Secretary	29,806

The vesting of the awards will be subject to the achievement of performance conditions measuring the Company's total shareholder return performance (relative to the constituent companies of the FTSE250 index (excluding investment trusts and companies in the extractive industries)) and earnings per share performance, both measured over a period from 1 January 2018 to 31 December 2020.  

This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.

Additional Information:

Anneka Kingan - Company Secretary

[e-mail] 

PDMR transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Geoff Carter
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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	A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Grant of conditional award
c)	Price(s) and volume(s)	Price per share Volume £2.68 186,289
d)	Aggregated Information Volume Price	Volume Price per share 186,289 £2.68
e)	Date of transaction	21 June 2018
f)	Place of transaction	London Stock Exchange (XLON)

PDMR transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Adam Westwood
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Grant of conditional award
c)	Price(s) and volume(s)	Price per share Volume £2.68 83,830
d)	Aggregated Information Volume Price	Volume Price per share 83,830 £2.68
e)	Date of transaction	21 June 2018
f)	Place of transaction	London Stock Exchange (XLON)

PDMR transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Webb
2	Reason for the notification
a)	Position/status	Claims Director
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	A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Grant of conditional award
c)	Price(s) and volume(s)	Price per share Volume £2.68 102,459
d)	Aggregated Information Volume Price	Volume Price per share 102,459 £2.68
e)	Date of transaction	21 June 2018
f)	Place of transaction	London Stock Exchange (XLON)

PDMR transaction notification

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	A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Grant of conditional award
c)	Price(s) and volume(s)	Price per share Volume £2.68 93,144
d)	Aggregated Information Volume Price	Volume Price per share 93,144 £2.68
e)	Date of transaction	21 June 2018
f)	Place of transaction	London Stock Exchange (XLON)

PDMR transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anneka Kingan
2	Reason for the notification
a)	Position/status	Company Secretary
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	A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award.
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Grant of conditional award
c)	Price(s) and volume(s)	Price per share Volume £2.68 29,806
d)	Aggregated Information Volume Price	Volume Price per share 29,806 £2.68
e)	Date of transaction	21 June 2018
f)	Place of transaction	London Stock Exchange (XLON)

 

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