Sabre Insurance Group PLC Director/PDMR Shareholding (9136P)

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RNS Number : 9136P

Sabre Insurance Group PLC

15 October 2019

15 October 2019

Sabre Insurance Group plc

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

Sabre Insurance Group plc (the "Company" or "Sabre"), one of the UK's leading private motor insurance underwriters, announces that it was notified on 14 October 2019 that both James Ockenden, Chief Actuary, sold 38,636 Ordinary Shares of 0.01 pence each in the capital of the Company and his wife, Rebecca Ockenden sold 4,050 Ordinary Shares of 0.01 pence each in the capital of the Company at an average price of 291.83 pence per Ordinary Share (the "Transaction"). Following the Transaction, Mr Ockenden transferred 19,050 Ordinary Shares of 0.01 pence each in the capital of the Company on 14 October 2019 to Mrs Ockenden.

Following the transaction, Mr Ockenden and Mrs Ockenden, together hold 940,000 Ordinary Shares in the Company, representing 0.38 per cent. of the Company's issued share capital.

Further details of the Transaction are set out below and in the attached notification as required by the EU Market Abuse Regulation.

For further information, please contact:

Anneka Kingan - Company Secretary

[e-mail]

LEI Code: 2138006RXRQ8P8VKGV98

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           James and Rebecca Ockenden 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Chief Actuary and spouse 
     -----------------------------  ------------------------------------ 
 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                 Ordinary Shares 
       the financial 
       instrument, type 
       of instrument 
 
      Identification                 GB00BYWVDP49 
       code 
 
 b)   Nature of the                  Sale of Ordinary Shares 
       transaction 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price per share    Volume 
                                        GBP2.9183          42,686 
                                                          ------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated Information           Volume   Price per share 
       Volume                           42,686   GBP2.9183 
       Price                                    ---------------- 
     -----------------------------  ------------------------------------ 
 e)   Date of transaction            14 October 2019 
     -----------------------------  ------------------------------------ 
 f)   Place of transaction           London Stock Exchange (XLON) 
     -----------------------------  ------------------------------------ 
 

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       James Ockenden 
     -------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status            Chief Actuary 
     -------------------------  ---------------------------------------- 
 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             Ordinary Shares 
       the financial 
       instrument, type 
       of instrument 
 
      Identification             GB00BYWVDP49 
       code 
 
 b)   Nature of the              Transfer of shares to Mrs R Ockenden 
       transaction                (spouse) for nil consideration 
     -------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)       Price per share    Volume 
                                    Nil                19,050 
                                                      ------- 
     -------------------------  ---------------------------------------- 
 d)   Aggregated Information       Volume   Price per share 
       Volume                       19,050   Nil 
       Price                                ---------------- 
     -------------------------  ---------------------------------------- 
 e)   Date of transaction        14 October 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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October 15, 2019 05:03 ET (09:03 GMT)