Director/PDMR Shareholding

RNS Number : 4143J

Sabre Insurance Group PLC

26 April 2022

 

26 April 2022

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

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

Awards under the Company's Deferred Bonus Plan

Sabre announces that the following transactions were undertaken by Directors and PDMRs in the ordinary shares of the Company on 25 April 2022, in connection with the maturity of the awards granted in 2020 under Sabre's 2017 Deferred Bonus Plan ("DBP").

Each Director or PDMR deferred a proportion of their 2019 annual bonus into the DBP. The deferred bonus was used to purchase shares in the Company at a price of 280.40 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	Sale Price (p)	Number of shares held in the Company post the transaction	Sabre shareholding as a % of issued share capital
Geoff Carter Chief Executive Officer	58,893	58,893	216.072	1,591,165	0.64%
Anneka Kingan Chief Risk Officer and Company Secretary	18,429	8,924	216.072	19,245	0.01%
Trevor Webb Claims Director	47,748	47,748	216.072	1,251,337	0.50%
Adam Westwood Chief Financial Officer	34,321	34,321	216.072	658,320	0.26%
Matt Wright Chief Actuary	6,327	6,327	216.072	232,115	0.09%

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 £2.16072 58,893
d)	Aggregated Information Volume Price	Volume Price per share 58,893 £2.16072
e)	Date of transaction	25 April 2022
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 of awards under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £2.16072 8,924
d)	Aggregated Information Volume Price	Volume Price per share 8,924 £2.16072
e)	Date of transaction	25 April 2022
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 £2.16072 47,748
d)	Aggregated Information Volume Price	Volume Price per share 47,748 £2.16072
e)	Date of transaction	25 April 2022
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 £2.16072 34,321
d)	Aggregated Information Volume Price	Volume Price per share 34,321 £2.16072
e)	Date of transaction	25 April 2022
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 under the Company's Deferred Bonus Plan
c)	Price(s) and volume(s)	Price per share Volume £2.16072 6,327
d)	Aggregated Information Volume Price	Volume Price per share 6,327 £2.16072
e)	Date of transaction	25 April 2022
f)	Place of transaction	London Stock Exchange (XLON)

 

END

 

 

DSHZQLFLLZLFBBE