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Sabre Insurance Grp (SBRE)

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Thursday 11 July, 2019

Sabre Insurance Grp

Director/PDMR Shareholding

RNS Number : 2971F
Sabre Insurance Group PLC
11 July 2019
 

11 July 2019

 

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

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

 

Sabre announces that on 10 July 2019 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"). 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 £2.85 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

52

17

69

69

Trevor Webb

Claims Director

52

17

69

69

 

The transactions were notified to the Company on 11 July 2019.

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

 

Additional Information:

Anneka Kingan - Company Secretary

[email protected] 

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

£2.85

69

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

69

£2.85

 

e)

Date of transaction

10 July 2019

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

£2.85

69

 

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

69

£2.85

 

e)

Date of transaction

10 July 2019

f)

Place of transaction

London Stock Exchange (XLON)

 

 


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