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RSA Rsa Insurance Group Ld

684.20
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rsa Insurance Group Ld LSE:RSA London Ordinary Share GB00BKKMKR23 ORD GBP1.00
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 684.20 684.20 684.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

RSA Insurance Group PLC Director/PDMR Shareholding (7615V)

10/04/2019 2:00pm

UK Regulatory


Rsa Insurance Group Ld (LSE:RSA)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Rsa Insurance Group Ld Charts.

TIDMRSA

RNS Number : 7615V

RSA Insurance Group PLC

10 April 2019

RSA Insurance Group plc

("the Company")

Transactions in shares by Persons Discharging Managerial Responsibility ("PDMRs")

Ordinary Shares of GBP1.00 each

10 April 2019

The Company announces the following changes to the interests of PDMRs in the Company's Ordinary Shares of GBP1.00 each ("Shares").

On 8 April 2019 (being the first trading day after the third anniversary of the grant) the nil cost Conditional Awards over Shares granted on 6 April 2016 under the terms of the RSA Performance Share Plan 2014 ("PSP") to the following PDMRs vested as shown in the table below.

 
    Name      No. of Performance   No. of Dividend    No. of Bonus    No. of Dividend      No. of 
                 Shares vested        Equivalent        Deferral         Equivalent      Shares sold 
                                      Shares on       Shares Vested      Shares on        to cover 
                                     Performance                       Bonus Deferral     statutory 
                                        Shares                             Shares        deductions 
   Martin 
  Thompson            0                   0              7,617              742            4,489 
             -------------------  ----------------  ---------------  ----------------  ------------- 
   Nathan 
  Williams          19,765              1,925            6,838              666            13,764 
             -------------------  ----------------  ---------------  ----------------  ------------- 
 

-- Bonus Deferral Shares relate to awards made in respect of 2015 as part of the Annual Bonus Plan.

-- As disclosed in the Company's 2018 Annual Report and Accounts, Performance Shares vested at 73.8% following testing of Group underlying Return on Tangible Equity (ROTE), Relative Total Shareholder Return (TSR) and Business Review Scorecard factors.

-- The Dividend Equivalent Shares are added to the awards at vesting in accordance with the rules of the PSP and Directors' Remuneration Policy.

-- Shares sold to cover statutory deductions were sold at a price of GBP5.247999 per share on 8 April 2019.

-- Shares retained have been transferred to the Equatex nominee account operated by RSA as part of the share plan administration system.

-- A six month holding period applies to vested Performance & Deferred Bonus Shares and to the Dividend Equivalents for Nathan Williams. This holding period is under Danish regulation applicable to these grants.

The forms required under the EU Market Abuse Regulation follow.

 
 1.     Details of PDMR / Closely Associated Person ("CAP") 
 a)     Name                            Martin Thompson 
       ------------------------------  ------------------------------------------------- 
 b)     Position / status               CEO, Canada 
       ------------------------------  ------------------------------------------------- 
 c)     Initial notification            Initial Notification 
         / amendment 
       ------------------------------  ------------------------------------------------- 
 2.     Details of the issuer 
       --------------------------------------------------------------------------------- 
 a)     Name                            RSA Insurance Group plc 
       ------------------------------  ------------------------------------------------- 
 b)     LEI                             549300HOGQ7E0TY86138 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Vesting of Bonus Deferral Share 
         transaction                     award granted on 6 April 2016 over Ordinary 
                                         Shares under the terms of the RSA Performance 
                                         Share Plan 2014 (PSP). 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  7,617 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          7617 
                                          NIL 
               *    Price 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Dividend Equivalent Share award 
         transaction                     granted as part of the Bonus Deferral Share 
                                         award over Ordinary Shares under the terms 
                                         of the RSA Performance Share Plan 2014 (PSP) 
                                         at nil cost and added to that award at vesting. 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  742 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          742 
 
               *    Price                 NIL 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Sale of shares to cover statutory deductions 
         transaction                     on share awards vested on 6 April 2019 under 
                                         the RSA Performance Share Plan 2014. 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        GBP5.247999          4,489 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          4,489 
 
               *    Price                 GBP5.247999 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
        Details of PDMR / Closely Associated Person ("CAP") 
   1. 
       --------------------------------------------------------------------------------- 
 a)     Name                            Nathan Williams 
       ------------------------------  ------------------------------------------------- 
 b)     Position / status               Group Underwriting Director 
       ------------------------------  ------------------------------------------------- 
 c)     Initial notification            Initial Notification 
         / amendment 
       ------------------------------  ------------------------------------------------- 
 2.     Details of the issuer 
       --------------------------------------------------------------------------------- 
 a)     Name                            RSA Insurance Group plc 
       ------------------------------  ------------------------------------------------- 
 b)     LEI                             549300HOGQ7E0TY86138 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Performance Share award granted 
         transaction                     on 6 April 2016 over Ordinary Shares under 
                                         the terms of the RSA Performance Share Plan 
                                         2014 (PSP). 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  19,765 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          19,765 
 
               *    Price                 NIL 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Dividend Equivalent Share award 
         transaction                     granted as part of the Performance Share 
                                         award on 6 April 2016 over Ordinary Shares 
                                         under the terms of the RSA Performance Share 
                                         Plan 2014 (PSP) at nil cost and added to 
                                         that award at vesting. 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  1,925 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          1,925 
 
               *    Price                 NIL 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Bonus Deferral Share award granted 
         transaction                     on 6 April 2016 over Ordinary Shares under 
                                         the terms of the RSA Performance Share Plan 
                                         2014 (PSP). 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  6,838 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          6,838 
 
               *    Price                 NIL 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Vesting of Dividend Equivalent Share award 
         transaction                     granted as part of the Bonus Deferral Share 
                                         award on 6 April 2016 over Ordinary Shares 
                                         under the terms of the RSA Performance Share 
                                         Plan 2014 (PSP) at nil cost and added to 
                                         that award at vesting. 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        NIL                  666 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
                                          666 
 
               *    Price                 NIL 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 3.     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                     Ordinary Shares of GBP1 each 
         of the financial                ISIN: GB00BKKMKR23 
         instrument 
       ------------------------------  ------------------------------------------------- 
 b)     Nature of the                   Sale of shares to cover statutory deductions 
         transaction                     on share awards vested on 6 April 2019 under 
                                         the RSA Performance Share Plan 2014. 
       ------------------------------  ------------------------------------------------- 
 c)     Price(s) and                     Price(s) per unit    Volume(s) 
         volume(s)                        GBP5.247999          13,764 
                                                              ---------- 
       ------------------------------  ------------------------------------------------- 
 d)          Aggregated information 
               *    Aggregated volume 
 
                                          13,764 
               *    Price 
                                          GBP5.247999 
       ------------------------------  ------------------------------------------------- 
 e)     Date of the                     8 April 2019 
         transaction 
       ------------------------------  ------------------------------------------------- 
 f)     Place of the                    XLON London Stock Exchange 
         transaction 
       ------------------------------  ------------------------------------------------- 
 

Enquiries to:

Charlotte Heiss, Group Chief Legal Officer and Company Secretary

RSA Insurance Group plc

Tel: +44 (0) 20 7111 7000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 10, 2019 09:00 ET (13:00 GMT)

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