esure Group plc Director/PDMR Shareholding (8811S)

TIDMESUR

RNS Number : 8811S

esure Group plc

29 December 2016

esure Group plc

Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

esure Group plc (the "Company") announces that on 29 December 2016 that Stuart Vann and Darren Ogden, Directors of the Company, and person's discharging managerial responsibilities were each granted an option over ordinary shares of 1/12p each in the Company under the esure Sharesave Plan 2013, at an option price of 159.72 pence per share. The options will become exercisable on 1 February 2020. Details are provided below.

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------------------------ 
 a)   Name                                 1. Stuart Vann 
                                            2. Darren Ogden 
---  ------------------------------  ---------------------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------------------------ 
 a)   Position                             1. Chief Executive Officer 
       / status                             2. Chief Finance Officer 
---  ------------------------------  ---------------------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  ---------------------------------------------------- 
 3.   Details of the Issuer 
---  ------------------------------------------------------------------------------------ 
 a)   Name                            esure Group plc 
---  ------------------------------  ---------------------------------------------------- 
 b)   LEI                             213800KOI3F5LM54PT80 
---  ------------------------------  ---------------------------------------------------- 
 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                     esure Group plc ordinary shares 
       of the financial                of 1/12 pence 
       instrument                      ISIN: GB00B8KJH563 
---  ------------------------------  ---------------------------------------------------- 
 b)   Nature of                       Grant of options under the esure 
       the transaction                 Sharesave Plan 2013. 
---  ------------------------------  ---------------------------------------------------- 
 c)   Price(s)                         Price(s)                                Volume(s) 
       and volume(s)                   --------------------------------------  ---------- 
                                        GBP1.5972 (exercise price per share)    11,269 
                                       --------------------------------------  ---------- 
                                        GBP1.5972 (exercise price per share)    11,269 
                                       --------------------------------------  ---------- 
---  ------------------------------  ---------------------------------------------------- 
 d)        Aggregated                 N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  ---------------------------------------------------- 
 e)   Date of the                     29 December 2016 
       transaction 
---  ------------------------------  ---------------------------------------------------- 
 f)   Place of                        Grant of the options occurred 
       the transaction                 outside a trading venue 
---  ------------------------------  ---------------------------------------------------- 
 

Enquiries:

Alice Rivers, Company Secretary

Tel: [phone]

29 December 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 29, 2016 02:00 ET (07:00 GMT)