Direct Line Ins Grp

Director/PDMR Shareholding

RNS Number : 9807Z
Direct Line Insurance Group PLC
28 January 2022
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

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

 

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jessie Burrows ("JB")

Mark Evans ("ME")

Jasvinder Gakhal ("JGa")

Jonathan Greenwood ("JG")

Neil Manser ("NM")

Kate Syred ("KS")

Humphrey Tomlinson ("HT")

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

JB - Managing Director, Customer Sales, Service & Claims / PDMR

ME - Managing Director of Marketing & Digital / PDMR

JGa - Managing Director, Motor/ PDMR

JG - Managing Director, Commercial / PDMR

NM - Chief Financial Officer / PDMR

KS - Managing Director of Household, Partnerships, Data, Pricing & Underwriting / PDMR

HT - General Counsel / 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 and the allocation of one Share for every two Shares purchased under the Buy As You Earn Plan. Under this transaction the following Partnership Shares were purchased and Matching Shares were acquired for each PDMR. This was a non-discretionary transaction.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s) of Partnership Shares

£3.0618

JB - 49

ME - 49

JGa - 41

JG - 49

NM - 49

KS - 49

HT - 49

 

Price(s)

Volume(s) of Matching Shares

Nil

JB - 24

ME - 24

JGa - 20

JG - 24

NM - 24

KS- 25

HT - 25

 

 

d)

 

Aggregated information

 

 

- Price

 

 

- Volume

 

 

 

 

Price(s)

Volume

£2.055

JB - 73

£2.055

ME - 73

£2.058

JGa - 61

£2.055

JG - 73

£2.055

NM - 73

£2.027

KS - 74

£2.027

HT - 74

 

 

e)

 

Date of the transaction

 

 

27 January 2022

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary
Email: 
[email protected]

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