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DLG Direct Line Insurance Group Plc

185.30
-4.20 (-2.22%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Direct Line Insurance Group Plc LSE:DLG London Ordinary Share GB00BY9D0Y18 ORD 10 10/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.20 -2.22% 185.30 186.10 186.70 190.40 185.70 188.90 1,906,787 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 2.86B 222.9M 0.1700 10.98 2.45B

Direct Line Insurance Group PLC Director/PDMR Shareholding (1131Y)

04/09/2020 2:45pm

UK Regulatory


Direct Line Insurance (LSE:DLG)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Direct Line Insurance Charts.

TIDMDLG

RNS Number : 1131Y

Direct Line Insurance Group PLC

04 September 2020

DIRECT LINE INSURANCE GROUP PLC ("DLG")

TRANSACTIONS IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs")

4 SEPTEMBER 2020

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mark Evans 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Managing Director of Marketing & 
                                   Digital / PDMR 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes 
                                   additional dividend equivalent Shares, 
                                   in accordance with the rules of the 
                                   LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   (iii) Sale of Shares to cover the 
                                   costs of exercise including tax and 
                                   dealing costs; 
                                   (iv) Sale of 18,298 Shares from remaining 
                                   balance; and 
                                   (v) Sale of additional Shares. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     34,606 
                                                      ----------- 
                                    (iii) GBP2.9328    16,308 
                                                      ----------- 
                                    (iv) GBP2.9328     18,298 
                                                      ----------- 
                                    (v) GBP2.9180      43,555 
                                                      ----------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) 2 September 2020 
                                   (v)1 September 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) 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        Initial Notification 
       /Amendment 
     --------------------------  ---------------------------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ---------------------------------------------------------------- 
 b)   Nature of the transaction                        (i) Vesting of Shares (as nil cost 
                                                        options) under DLG Long Term Incentive 
                                                        Plan (the "LTIP") granted in August 
                                                        2017 at a vesting rate of 78%. The 
                                                        number of Shares vesting includes 
                                                        additional dividend equivalent Shares, 
                                                        in accordance with the rules of the 
                                                        LTIP; 
                                                        (ii) Acquisition of vested Shares; 
                                                        (iii) Sale of Shares to cover the 
                                                        costs of exercise including tax and 
                                                        dealing costs; 
                                                        (iv) Sale of 39,891 Shares from remaining 
                                                        balance; and 
                                                        (v) Sale of additional 75,299 Shares. 
     --------------------------  ---------------------------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     75,443 
                                                      ----------- 
                                    (iii) GBP2.9328    35,552 
                                                      ----------- 
                                    (iv) GBP2.9328     39,891 
                                                      ----------- 
                                    (v) GBP2.9356      75,299 
                                                      ----------- 
     --------------------------  ---------------------------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ---------------------------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) 2 September 2020 
                                   (v) 3 September 2020 
     --------------------------  ---------------------------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) 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         Initial Notification 
        /Amendment 
      ---------------------------  ------------------------------------------ 
 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           Ordinary shares of 10 (10) /(11) 
        financial instrument,        pence ("Shares") 
        type of instrument 
 
        Identification code 
                                     GB00BY9D0Y18 
      ---------------------------  ------------------------------------------ 
 b)    Nature of the transaction    Sale of Shares. 
      ---------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)        Price (s)    Volume (s) 
                                      GBP2.9361    15,777 
                                                  ----------- 
                                      GBP2.9380    25,000 
                                                  ----------- 
      ---------------------------  ------------------------------------------ 
 d)    Aggregated information 
   - Aggregated volume               40,777 
   - Price                            2.9373 
 --------------------------------  ------------------------------------------ 
 e)    Date of the transaction      3 September 2020 
      ---------------------------  ------------------------------------------ 
 f)    Place of the transaction     The London Stock Exchange (XLON). 
      ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Steve Maddock 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Chief Operating Officer / PDMR 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes 
                                   additional dividend equivalent Shares, 
                                   in accordance with the rules of the 
                                   LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   (iii) Sale of Shares to cover the 
                                   costs of exercise including tax and 
                                   dealing costs; 
                                   (iv) Sale of 50,253 Shares from remaining 
                                   balance; and 
                                   (v) Sale of additional Shares. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     95,039 
                                                      ----------- 
                                    (iii) GBP2.9328    44,786 
                                                      ----------- 
                                    (iv) GBP2.9328     50,253 
                                                      ----------- 
                                    (v) GBP2.9147      166,091 
                                                      ----------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) 2 September 2020 
                                   (v)1 September 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) The London Stock Exchange 
                                   (XLON). 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Neil Manser 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             Chief Strategy Officer /PDMR 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) pence 
       financial instrument,       ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes additional 
                                   dividend equivalent Shares, in accordance 
                                   with the rules of the LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   and 
                                   (iii) Sale of Shares to cover the costs 
                                   of exercise including tax and dealing 
                                   costs (retained 16,204 shares) 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     30,646 
                                                      ----------- 
                                    (iii) GBP2.9328    14,442 
                                                      ----------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii) 2 September 2020 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii) The London Stock Exchange (XLON). 
     --------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Gus Park 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Managing Director of Motor, Pricing 
                                   & Underwriting / PDMR 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes 
                                   additional dividend equivalent Shares, 
                                   in accordance with the rules of the 
                                   LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   (iii) Sale of Shares to cover the 
                                   costs of exercise including tax and 
                                   dealing costs (retained 22,105 shares) 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     41,804 
                                                      ----------- 
                                    (iii) GBP2.9328    19,699 
                                                      ----------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii) 2 September 2020 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii) The London Stock Exchange (XLON). 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Kate Syred 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Managing Director of Household & 
                                   Partnerships / PDMR 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes 
                                   additional dividend equivalent Shares, 
                                   in accordance with the rules of the 
                                   LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   (iii) Sale of Shares to cover the 
                                   costs of exercise including tax and 
                                   dealing costs; 
                                   (iv) Sale of 18,650 Shares from remaining 
                                   balance; and 
                                   (v) Additional sale of Shares. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     35,271 
                                                      ----------- 
                                    (iii) GBP2.9328    16,621 
                                                      ----------- 
                                    (iv) GBP2.9328     18,650 
                                                      ----------- 
                                    (v) GBP2.9302      10,000 
                                                      ----------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) & (v) 2 September 
                                   2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) The London Stock Exchange 
                                   (XLON). 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Humphrey Tomlinson 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             General Counsel / PDMR 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   (i) Vesting of Shares (as nil cost 
                                   options) under DLG Long Term Incentive 
                                   Plan (the "LTIP") granted in August 
                                   2017 at a vesting rate of 78%. The 
                                   number of Shares vesting includes 
                                   additional dividend equivalent Shares, 
                                   in accordance with the rules of the 
                                   LTIP; 
                                   (ii) Acquisition of vested Shares; 
                                   (iii) Sale of Shares to cover the 
                                   costs of exercise including tax and 
                                   dealing costs; 
                                   (iv) Sale of 23,673 Shares from remaining 
                                   balance; and 
                                   (v) Additional sale of Shares. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     44,771 
                                                      ----------- 
                                    (iii) GBP2.9328    21,098 
                                                      ----------- 
                                    (iv) GBP2.9328     23,673 
                                                      ----------- 
                                    (v) GBP2.9100      50,000 
                                                      ----------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) 2 September 2020 
                                   (v)1 September 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) The London Stock Exchange 
                                   (XLON). 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Jose Vazquez 
     --------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status             Chief Risk Officer / PDMR 
     --------------------------  ------------------------------------------------ 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------------ 
 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          Ordinary shares of 10 (10) /(11) 
       financial instrument,       pence ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  ------------------------------------------------ 
 b)   Nature of the transaction        (i) Vesting of Shares (as nil cost 
                                        options) under DLG Long Term Incentive 
                                        Plan (the "LTIP") granted in August 
                                        2017 at a vesting rate of 7 8 %. 
                                        The number of Shares vesting includes 
                                        additional dividend equivalent Shares, 
                                        in accordance with the rules of the 
                                        LTIP; 
                                        (ii) Acquisition of vested Shares; 
                                        a nd 
                                        (iii) Sale of Shares to cover the 
                                        costs of exercise including tax and 
                                        dealing costs; 
                                        (iv) Sale of 42,835 Shares from remaining 
                                        balance; 
                                        (v) Additional sale of Shares. 
     --------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)       Price (s)          Volume (s) 
                                    (i) & (ii) Nil     81,010 
                                                      ----------- 
                                    (iii) GBP2.9328    38,175 
                                                      ----------- 
                                    (iii) GBP2.9328    42,835 
                                                      ----------- 
                                    (iv) GBP2.9180     121,888 
                                                      ----------- 
     --------------------------  ------------------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume          Not applicable 
       - Price 
     --------------------------  ------------------------------------------------ 
 e)   Date of the transaction     (i) 1 September 2020 
                                   (ii)&(iii)&(iv) 2 September 2020 
                                   (v)1 September 2020 
     --------------------------  ------------------------------------------------ 
 f)   Place of the transaction    (i)&(ii) Off market. 
                                   (iii)&(iv)&(v) The London Stock Exchange 
                                   (XLON). 
     --------------------------  ------------------------------------------------ 
 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary

Email: Roger.Clifton@directlinegroup.co.uk

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END

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September 04, 2020 09:45 ET (13:45 GMT)

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