Director/PDMR Shareholding

Sabre Insurance Group PLC

22 May 2024

 

22 May 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 21 May 2024, in connection with the maturity of the awards granted in 2021 under Sabre's 2017 Long Term Incentive Plan ("LTIP").

Sabre's Remuneration Committee resolved that the pre-determined underpins had been met, and therefore the awards will vest at 100%. It is noted that the vested shares have a further two-year holding period, however participants were able to sell shares to cover the tax liability which arose on vesting.

Further information on the LTIP grant and performance against its pre-determined underpins 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	126,539	59,683	167.3356	1,712,196	0.69%
Anneka Kingan Chief Risk Officer and Company Secretary	47,638	22,470	167.3356	62,510	0.03%
Trevor Webb Claims Director	78,790	37,162	167.3356	1,346,196	0.54%
Adam Westwood Chief Financial Officer	59,548	28,087	167.3356	717,728	0.29%
Matt Wright Chief Actuary	48,220	22,744	167.3356	285,332	0.11%

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 to cover tax, under the Company's Long Term Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume £0 126,539 £1.673356 59,683
d)	Aggregated Information Volume Price	Volume Price per share 126,539 £0 59,683 £1.673356
e)	Date of transaction	21 May 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 to cover tax, under the Company's Long Term Incentive Plan

c)	Price(s) and volume(s)	Price per share Volume £0 47,638 £1.673356 22,470
d)	Aggregated Information Volume Price	Volume Price per share 47,638 £0 22,470 £1.673356
e)	Date of transaction	21 May 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 to cover tax, under the Company's Long Term Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume £0 78,790 £1.673356 37,162
d)	Aggregated Information Volume Price	Volume Price per share 78,790 £0 37,162 £1.673356
e)	Date of transaction	21 May 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 to cover tax, under the Company's Long Term Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume £0 59,548 £1.673356 28,087
d)	Aggregated Information Volume Price	Volume Price per share 59,548 £0 28,087 £1.673356
e)	Date of transaction	21 May 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 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price per share Volume £0 48,220 £1.673356 22,744
d)	Aggregated Information Volume Price	Volume Price per share 48,220 £0 22,744 £1.673356
e)	Date of transaction	21 May 2024
f)	Place of transaction	London Stock Exchange (XLON)

 

END