Director/PDMR Shareholding

RNS Number : 2299K
Sabre Insurance Group PLC
20 April 2020
 

20 April 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 14 April 2020 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"). This is in addition to the shares acquired on the same day and previous announced on 16 April 2020. 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 277.38 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

108

36

 

144

843

Anneka Kingan

Chief Risk Officer and Company Secretary

324

108

 

432

838

Trevor Webb

Claims Director

108

36

 

144

843

Adam Westwood

Chief Financial Officer

648

216

864

864

 

The transactions were notified to the Company on 17 April 2020.

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

 

Additional Information:

Anneka Kingan - Company Secretary

Anneka.kingan@sabre.co.uk  

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

277.38 pence

 

 

144

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

144

277.38 pence

 

e)

Date of transaction

14 April 2020

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

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

277.38 pence

432

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

432

277.38 pence

 

e)

Date of transaction

14 April 2020

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

277.38 pence

144

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

144

277.38 pence

 

e)

Date of transaction

14 April 2020

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

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

277.38 pence

864

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

864

277.38 pence

 

e)

Date of transaction

14 April 2020

f)

Place of transaction

London Stock Exchange (XLON)

 

 

 

 


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