Direct Line Insurance Group PLC Director/PDMR Shareholding (6434D)

TIDMDLG

RNS Number : 6434D

Direct Line Insurance Group PLC

30 June 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                        Jasvinder Gakhal 
     --------------------------  ------------------------------------------------- 
 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) Exercise of a nil cost award under 
                                            the Restricted Share Plan which vested 
                                            on 28 June 2021; and 
                                            (ii) Sale of Shares to cover the costs 
                                            of exercise including tax and dealing 
                                            costs. 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)            Volume(s) 
                                     (i) Nil             50,717 
                                                        ---------- 
                                     (ii) GBP2.919736    24,375 
                                                        ---------- 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                    Not applicable 
       - Aggregated price 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     (i) & (ii) 30 June 2021 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    (i) Off market 
                                   (ii) The London Stock Exchange (XLON) 
     --------------------------  ------------------------------------------------- 
 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary

Email: [e-mail]

LEI: 213800FF2R23ALJQOP04

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June 30, 2021 07:00 ET (11:00 GMT)