Source - LSE Regulatory
RNS Number : 4716Z
Direct Line Insurance Group PLC
21 May 2021
 

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

 

Vicky Wallis

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief People Officer / 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

 

 

(i)         Exercise of a nil cost award under the Restricted Share Plan which vested on 11 May 2021;

(ii)        Sale of Shares to cover the costs of exercise including tax and dealing costs; and

(iii)       Sale of 19,000 Shares from remaining balance.

 

 

 

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(i) Nil

64,667

(ii) £2.9155

31,080

(iii) £2.940778

19,000

 

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

(i)&(ii) 19 May 2021

(iii) 21 May 2021

f)

 

Place of the transaction

 

 

(i) Off market

(ii)&(iii) The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary

Email:  Roger.Clifton@directlinegroup.co.uk   

 

 

LEI: 213800FF2R23ALJQOP04

 

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