Sabre Insurance Group PLC Director/PDMR Shareholding (9708L)

TIDMSBRE

RNS Number : 9708L

Sabre Insurance Group PLC

11 September 2019

11 September 2019

Sabre Insurance Group plc ("Sabre" or the "Company")

Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Sabre announces that on 10 September 2019 the following Directors and PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Company's Share Incentive Plan ("SIP"). The SIP is an all employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of GBP0.001 ("Ordinary Shares"), using deductions from salary in each calendar month ("Partnership Shares") and receives allocations of matching free Ordinary Shares ("Matching Shares").

Details of the number of Partnership Shares purchased by each Director and PDMR at a price of 266 pence per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the Director and PDMR for no consideration are set out below:

 
 Name                Number of           Number of          Total of           Total number 
                      Partnership         Matching Shares    Shares Acquired    of shares 
                      Shares Purchased    Acquired                              held under 
                                                                                the SIP 
 Geoff Carter 
  Chief Executive 
  Officer                           56                 19                 75            220 
                    ------------------  -----------------  -----------------  ------------- 
 Trevor Webb 
  Claims Director                   56                 19                 75            220 
                    ------------------  -----------------  -----------------  ------------- 
 

The transactions were notified to the Company on 11 September 2019.

This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.

Additional Information:

Anneka Kingan - Company Secretary

[e-mail]

LEI Code: 2138006RXRQ8P8VKGV98

PDMR transaction notification

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     Geoff Carter 
     -----------------------  ------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
     -----------------------  ------------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                     Sabre Insurance Group Plc 
     -----------------------  ------------------------------------------- 
 b)   LEI                      2138006RXRQ8P8VKGV98 
     -----------------------  ------------------------------------------- 
 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           Purchase and Acquisition of Partnership 
       the financial            and Matching Shares through the Company's 
       instrument, type         Share Incentive Plan 
       of instrument 
 
      Identification           GB00BYWVDP49 
       code 
 
 b)   Nature of the            Purchase and Acquisition of Partnership 
       transaction              and Matching Shares through the Company's 
                                Share Incentive Plan 
     -----------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)     Price per share    Volume 
                                  266 pence          75 
                                                    ------- 
     -----------------------  ------------------------------------------- 
 d)   Aggregated Information     Volume   Price per share 
       Volume                     75       266 pence 
       Price                              ---------------- 
     -----------------------  ------------------------------------------- 
 e)   Date of transaction      10 September 2019 
     -----------------------  ------------------------------------------- 
 f)   Place of transaction     London Stock Exchange (XLON) 
     -----------------------  ------------------------------------------- 
 

PDMR transaction notification

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                     Trevor Webb 
     -----------------------  ------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status          Claims Director 
     -----------------------  ------------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                     Sabre Insurance Group Plc 
     -----------------------  ------------------------------------------- 
 b)   LEI                      2138006RXRQ8P8VKGV98 
     -----------------------  ------------------------------------------- 
 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           Purchase and Acquisition of Partnership 
       the financial            and Matching Shares through the Company's 
       instrument, type         Share Incentive Plan 
       of instrument 
 
      Identification           GB00BYWVDP49 
       code 
 
 b)   Nature of the            Purchase and Acquisition of Partnership 
       transaction              and Matching Shares through the Company's 
                                Share Incentive Plan 
     -----------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)     Price per share    Volume 
                                  266 pence          75 
                                                    ------- 
     -----------------------  ------------------------------------------- 
 d)   Aggregated Information     Volume   Price per share 
       Volume                     75       266 pence 
       Price                              ---------------- 
     -----------------------  ------------------------------------------- 
 e)   Date of transaction      10 September 2019 
     -----------------------  ------------------------------------------- 
 f)   Place of transaction     London Stock Exchange (XLON) 
     -----------------------  ------------------------------------------- 
 

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 [e-mail] or visit www.rns.com.

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September 11, 2019 05:26 ET (09:26 GMT)