Director/PDMR Shareholding

RNS Number : 6311P

Sabre Insurance Group PLC

11 October 2019

 

11 October 2019

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

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

Sabre announces that on 10 October 2019 the following Directors and PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Company's Share Incentive Plan ("SIP"). The SIP is an all employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of £0.001 ("Ordinary Shares"), using deductions from salary in each calendar month ("Partnership Shares") and receives allocations of matching free Ordinary Shares ("Matching Shares").

Details of the number of Partnership Shares purchased by each Director and PDMR at a price of 283.5 pence per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the Director and PDMR for no consideration are set out below:

Name	Number of Partnership Shares Purchased	Number of Matching Shares Acquired	Total of Shares Acquired	Total number of shares held under the SIP
Geoff Carter Chief Executive Officer	53	17	70	292
Trevor Webb Claims Director	53	17	70	292

The transactions were notified to the Company on 11 October 2019.

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

Additional Information:

Anneka Kingan - Company Secretary

[e-mail] 

LEI Code: 2138006RXRQ8P8VKGV98

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	Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume 283.50 pence 70
d)	Aggregated Information Volume Price	Volume Price per share 70 283.50 pence
e)	Date of transaction	10 October 2019
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	Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume 283.50 pence 70
d)	Aggregated Information Volume Price	Volume Price per share 70 283.50 pence
e)	Date of transaction	10 October 2019
f)	Place of transaction	London Stock Exchange (XLON)

 

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