13 May 2020
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Sabre announces that on 12 May 2020, Geoff Carter, the Chief Executive Officer of the Company was granted an option under the Sabre 2017 Sharesave Plan (the "Plan") over ordinary shares of £0.001 in the Company as detailed below:
Name |
Position |
No of shares subject to option |
Option Price |
Vesting Date |
Geoff Carter |
Chief Executive Officer |
808 |
£2.226 |
1 July 2023 |
Subject to the terms of the Plan, the options will vest on the Vesting Date and be exercisable for a period of six months, subject to continued service with the Company.
This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.
Additional Information:
Anneka Kingan - Company Secretary
PDMR transaction notification
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Geoff Carter |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
|
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Sabre Insurance Group Plc |
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b)
|
LEI
|
2138006RXRQ8P8VKGV98 |
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4
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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
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a)
|
Description of the financial instrument, type of instrument |
A non-transferable option over ordinary shares in the Company under the Sabre 2017 Sharesave Plan ('the Option') |
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Identification code |
GB00BYWVDP49 |
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b)
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Nature of the transaction
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Grant of option |
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c)
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Price(s) and volume(s) |
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d) |
Aggregated Information Volume Price |
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e) |
Date of transaction |
12 May 2020 |
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f) |
Place of transaction |
London Stock Exchange (XLON) |