Director/PDMR Shareholding

Sabre Insurance Group PLC

09 April 2024

 

9 April 2024

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

Notification of transactions of Directors, Persons Discharging Managerial Responsibility ("PDMRs") or Connected Persons

Sabre announces that the following transactions were undertaken by Directors and PDMRs in the ordinary shares of the Company on 8 April 2024, in connection with the maturity of the awards granted in 2022 under Sabre's 2017 Deferred Bonus Plan ("DBP").

Each Director or PDMR deferred half of their annual bonus from the financial year ended 31 December 2021 into the DBP. The deferred bonus was used to purchase shares in the Company at a price of 235.9 pence per share ("DBP award shares"), which were then held in the Employee Benefit Trust for a two-year deferral period. No performance conditions are attached to the DBP award shares.

Further information on the DBP grant can be found in the Company's Annual Report, which is available on the Company's website www.sabreplc.co.uk 

Details of the transactions following the DBP's vesting are as follows:

Name and Job Title	Number of shares vested	Number of shares sold	Price at Vesting and Sale (p)	Number of shares held in the Company post the transaction	Sabre shareholding as a % of issued share capital
Geoff Carter Chief Executive Officer	47,557	47,557	177.859	1,645,340	0.65%
Anneka Kingan Chief Risk Officer and Company Secretary	18,044	18,044	177.859	47,266	0.02%
Trevor Webb Claims Director	36,394	36,394	177.859	1,304,568	0.52%
Adam Westwood Chief Financial Officer	24,008	24,008	177.859	686,267	0.28%
Matt Wright Chief Actuary	18,656	8,800	177.859	259,856	0.10%

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	Ordinary shares of £0.001 each
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Vesting and sale of awards under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £1.7786 47,557
d)	Aggregated Information Volume Price	Volume Price per share 47,557 £1.7786
e)	Date of transaction	8 April 2024
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	Chief Risk Officer and 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	Ordinary shares of £0.001 each
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Vesting and sale of awards under the Company's Deferred Bonus Plan

c)	Price(s) and volume(s)	Price per share Volume £1.7786 18,044
d)	Aggregated Information Volume Price	Volume Price per share 18,044 £1.7786
e)	Date of transaction	8 April 2024
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	Ordinary shares of £0.001 each
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Vesting and sale of awards under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £1.7786 36,394
d)	Aggregated Information Volume Price	Volume Price per share 36,394 £1.7786
e)	Date of transaction	8 April 2024
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	Ordinary shares of £0.001 each
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Vesting and sale of awards under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £1.7786 24,008
d)	Aggregated Information Volume Price	Volume Price per share 24,008 £1.7786
e)	Date of transaction	8 April 2024
f)	Place of transaction	London Stock Exchange (XLON)

PDMR transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matt Wright
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 of £0.001 each
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Vesting and sale of awards to cover tax, under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £0 18,656 £1.7786 8,800
d)	Aggregated Information Volume Price	Volume Price per share 18,656 £0 8,800 £1.7786
e)	Date of transaction	8 April 2024
f)	Place of transaction	London Stock Exchange (XLON)

 

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