Director/PDMR Shareholding - Correction

RNS Number : 3921V

Sabre Insurance Group PLC

06 August 2020

 

6 August 2020

Sabre Insurance Group plc

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

Sabre Insurance Group plc (the "Company" or "Sabre), one of the UK's leading private motor insurance underwriters, announces that it was notified on 5 August 2020 that Geoff Carter, Chief Executive Officer, transferred 180,000 Ordinary Shares of 0.01 pence each in the capital of the Company on 5 August 2020 to his spouse, Mrs M Carter.  

Following the transaction, Mr and Mrs Carter continue to hold 1,545,372 Ordinary Shares in the Company, representing 0.62 per cent. of the Company's issued share capital.

The Company further announces that it was notified on 5 August 2020 that Adam Westwood, Chief Financial Officer, transferred 180,000 Ordinary Shares of 0.01 pence each in the capital of the Company on 5 August 2020 to his spouse, Mrs H Westwood. 

Following the transaction, Mr and Mrs Westwood continue to hold 652,303 Ordinary Shares in the Company, representing 0.26 per cent. of the Company's issued share capital.

The announcement originally released on 6 August 2020, contained an error in the Notification of transactions by Persons Discharging Managerial Responsibilities forms, which has subsequently been corrected.

Further details of the Transaction are set out below and in the attached notification as required by the EU Market Abuse Regulation.

For further information, please contact:

Anneka Kingan - Company Secretary

[e-mail]  

LEI Code: 2138006RXRQ8P8VKGV98

Sabre Insurance Group Plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

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
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Transfer of shares to spouse for nil consideration
c)	Price(s) and volume(s)	Price per share Volume  Nil 180,000
d)	Aggregated Information Volume Price	Volume Price per share 180,000  Nil
e)	Date of transaction	5 August 2020
f)	Place of transaction	London Stock Exchange (XLON)

Sabre Insurance Group Plc

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

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
	Identification code	GB00BYWVDP49
b)	Nature of the transaction	Transfer of shares to spouse for nil consideration
c)	Price(s) and volume(s)	Price per share Volume  Nil 180,000
d)	Aggregated Information Volume Price	Volume Price per share 180,000  Nil
e)	Date of transaction	5 August 2020
f)	Place of transaction	London Stock Exchange (XLON)

 

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