Sabre Insurance Group PLC Director/PDMR Shareholding - Correction (5266P)

TIDMSBRE

RNS Number : 5266P

Sabre Insurance Group PLC

10 June 2020

10 June 2020

Sabre Insurance Group plc

Correction - 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 the transfer of 59,050 Ordinary Shares of 0.01 pence each in the capital of the Company from James Ockenden, Chief Actuary to his spouse, Mrs R Ockenden, announced on 4 June 2020, did not complete due to an administrative error.

The Company confirms that Mr and Mrs Ockenden continue to hold, in aggregate, 940,000 Ordinary Shares in the Company, representing 0.38 per cent. of the Company's issued share capital.

Further details of the transaction which did not complete are set out below as required by the EU Market Abuse Regulation.

For further information, please contact:

Anneka Kingan - Company Secretary

[e-mail]

LEI Code: 2138006RXRQ8P8VKGV98

Sabre Insurance Group Plc

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      Amendment to the notification announced 
       /Amendment                on 4 June 2020 
     ------------------------  ----------------------------------------- 
 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             Failed transfer of shares to Mrs R 
       transaction               Ockenden (spouse) for nil consideration 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   Nil                59,050 
                                                     ------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume   Price per share 
       Volume                      59,050   Nil 
       Price                               ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       3 June 2020 (but the transaction did 
                                 not complete) 
     ------------------------  ----------------------------------------- 
 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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June 10, 2020 04:57 ET (08:57 GMT)