Director/PDMR Shareholding

RNS Number : 7892H
Direct Line Insurance Group PLC
02 August 2019
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

 

DLG has been notified that Jonathan Greenwood, Managing Director - Commercial, and his wife Teresa Greenwood have acquired 14,949 and 16,758 ordinary shares of 10 10/11 pence each in the Company ("Shares"), respectively. The acquired Shares will be held in their Individual Savings Accounts. Additionally, Jonathan Greenwood and Teresa Greenwood sold 2,136 and 29,688 Shares respectively.

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jonathan Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Commercial / PDMR

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Direct Line Insurance Group plc

b)

 

LEI

 

 

213800FF2R23ALJQOP04

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

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Sale of Shares.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£ 3.195

2,136

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

e)

 

Date of the transaction

 

 

2 August 2019

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jonathan Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Managing Director, Commercial / PDMR

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Direct Line Insurance Group plc

b)

 

LEI

 

 

213800FF2R23ALJQOP04

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

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Purchase of shares to hold in Individual Savings Account.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£ 3.194

14,949

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

e)

 

Date of the transaction

 

 

2 August 2019

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Teresa Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated with Jonathan Greenwood (Managing Director, Commercial / PDMR)

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Direct Line Insurance Group plc

b)

 

LEI

 

 

213800FF2R23ALJQOP04

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

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Sale of Shares.

 

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£ 3.19861

29,688

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

 

e)

 

Date of the transaction

 

 

2 August 2019

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Teresa Greenwood

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated with Jonathan Greenwood (Managing Director, Commercial / PDMR)

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Direct Line Insurance Group plc

b)

 

LEI

 

 

213800FF2R23ALJQOP04

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

 

Identification code

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Purchase of shares to hold in Individual Savings Account.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£3.1906

16,758

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

N/A Single transaction

 

e)

 

Date of the transaction

 

 

2 August 2019

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Simon Watson

Deputy Company Secretary
Email: 
Simon.a.Watson@directlinegroup.co.uk

Telephone:  0165 1831911

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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