esure Group plc Director/PDMR Shareholding (4975I)

TIDMESUR

RNS Number : 4975I

esure Group plc

21 March 2018

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 Article 19 of the EU Market Abuse Regulation.

Deferred Bonus Plan

esure Group plc (the "Company") announces that on 20 March 2018 Darren Ogden, a Director of the Company, and a person discharging managerial responsibility, has exercised his award of 15,957 shares granted under the esure Group plc 2016 Deferred Bonus Plan in March 2017 and acquired the shares. This notification is in respect of the first one-third of the share award which vested and became exercisable on 20 March 2018. The second third of the shares will vest and become exercisable on the second anniversary of the grant date on 20 March 2019; and the remaining shares will vest on the third anniversary of the grant date on 20 March 2020. Mr. Ogden has retained all 15,957 ordinary shares.

 
 1.   Details of PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------- 
 a)   Name                            Darren Ogden 
---  ------------------------------  ----------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------- 
 a)   Position                        Interim Chief Executive Officer 
       / status 
---  ------------------------------  ----------------------------------- 
 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                       Acquisition of shares linked to 
       the transaction                 the exercise of an award under 
                                       the esure Group plc 2016 Deferred 
                                       Bonus Plan. 
---  ------------------------------  ----------------------------------- 
 c)   Price(s)                         Price(s)             Volume(s) 
       and volume(s)                   -------------------  ---------- 
                                        Nil consideration    15,957 
                                       -------------------  ---------- 
---  ------------------------------  ----------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume     N/a 
 
 
             *    Price 
---  ------------------------------  ----------------------------------- 
 
 
 e)   Date of the        20 March 2018 
       transaction 
---  -----------------  ---------------------------- 
 f)   Place of           London Stock Exchange, XLON 
       the transaction 
---  -----------------  ---------------------------- 
 

Enquiries:

Alice Rivers, Company Secretary

Tel: [phone]

21 March 2018

esure Group plc is listed on the London Stock Exchange (ESUR)

Registered Office: The Observatory, Reigate, Surrey RH2 0SG

Registered in England and Wales with registered number: 7064312

LEI: 213800KOI3F5LM54PT80

ISIN: GB00B8KJH563

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUAVVRWRAOUAR

(END) Dow Jones Newswires

March 21, 2018 11:52 ET (15:52 GMT)