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

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

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)

 

 

 

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