Hastings Group Holdings plc Director/PDMR Shareholding (3349K)

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RNS Number : 3349K

Hastings Group Holdings plc

09 April 2018

Director/PDMR Shareholding

FOR IMMEDIATE RELEASE

9 April 2018

Hastings Group Holdings plc

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')

On 6 April 2018, conditional awards over ordinary shares of GBP0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMRs under the Hastings 2015 Long-Term Incentive Plan (the "Awards") as follows:

 
 Name               Position                             Number 
                                                        of shares 
                                                         subject 
                                                        to Award 
 Tobias van 
  der Meer          CEO                                 411,605 
 Richard Hoskins    CFO                                 256,110 
                    MD, Advantage Insurance Company 
 Edward Biemer       Ltd                                186,594 
 

No consideration was paid for the grant of the Awards. The vesting of the Awards is subject to continued employment with the Company and the performance conditions measuring the Company's EPS and TSR over a period of three financial years.

The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares, obtained via FactSet, over the five consecutive dealing days beginning with the dealing day on which the Company made a preliminary announcement of its results for the Financial Year ended 31 December 2017, which was GBP2.7332 pence per share.

The above information is disclosed pursuant to article 19 of the Market Abuse Regulation.

Hastings Group

[phone]

Tony Leppard, Company Secretary

Instinctif Partners

[phone]

Giles Stewart

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 09, 2018 12:33 ET (16:33 GMT)