ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SBRE Sabre Insurance Group Plc

172.20
-2.40 (-1.37%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sabre Insurance Group Plc LSE:SBRE London Ordinary Share GB00BYWVDP49 ORD GBP0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.40 -1.37% 172.20 169.60 172.80 173.00 169.40 173.00 140,242 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 158.32M 10.11M 0.0404 41.93 423.5M

Sabre Insurance Group PLC Director/PDMR Shareholding (4807Z)

21/05/2021 2:05pm

UK Regulatory


Sabre Insurance (LSE:SBRE)
Historical Stock Chart


From Apr 2021 to Apr 2024

Click Here for more Sabre Insurance Charts.

TIDMSBRE

RNS Number : 4807Z

Sabre Insurance Group PLC

21 May 2021

21 May 2021

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

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

Awards under the Company's Long Term Incentive Plan

The Company announces that on 21 May 2021 the following directors and PDMRs of the Company were, subject to the rules of the Sabre 2017 Long Term Incentive Plan, each granted a conditional award (the 'LTIP Award') of ordinary shares of GBP0.001 in the Company as detailed below:

 
 Name             Position                            Number of shares 
                                                       subject to award 
 Geoff Carter     Chief Executive Officer                  126,539 
                 ----------------------------------  ------------------ 
                  Chief Risk and Officer & Company 
 Anneka Kingan     Secretary                               47,638 
                 ----------------------------------  ------------------ 
 Trevor Webb      Claims Director                          78,790 
                 ----------------------------------  ------------------ 
 Adam Westwood    Chief Financial Officer                  59,548 
                 ----------------------------------  ------------------ 
 Matt Wright      Chief Actuary                            48,220 
                 ----------------------------------  ------------------ 
 

The awards will vest on the third anniversary of their grant, and are subject to an additional retention period of two years, commencing on the awards' vesting date.

The vesting of the awards will be subject to the following underpins:

-- that the solvency coverage ratio of the Group (being the ratio of the Group's Solvency II net assets to its Solvency Capital Requirement, calculated before the final dividend is paid, expressed as a percentage) is maintained in excess of 140% for the three financial years up to 31 December 2023;

-- that the Group has achieved a return on tangible equity (being the ratio of the Group's adjusted profit after tax to its average tangible equity, expressed as a percentage) in excess of 10% for each full reporting period which falls within the three financial years up to 31 December 2023;

-- that there has been no material intervention by a regulatory authority either initiated during the three financial years up to 31 December 2023 or related to it, that results in a Group Member being required by the relevant authority to undertake actions or remedial measures; and

   --    overall Committee discretion. 

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

Additional Information:

Anneka Kingan - Company Secretary

Anneka.kingan@sabre.co.uk

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            A non-transferable conditional award 
       the financial             of ordinary shares in the Company under 
       instrument, type          the Sabre 2017 Long-Term Incentive 
       of instrument             Plan. No consideration will be paid 
                                 by the PDMR on the grant or vesting 
                                 of the conditional award. 
 
      Identification            GB00BYWVDP49 
       code 
 
 b)   Nature of the             Grant of conditional award 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   261.30 pence       126,539 
                                                     -------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume    Price per share 
       Volume                      126,539   261.30 pence 
       Price                                ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       21 May 2021 
     ------------------------  ----------------------------------------- 
 f)   Place of transaction      London Stock Exchange (XLON) 
     ------------------------  ----------------------------------------- 
 

PDMR transaction notification

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Anneka Kingan 
     ------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status           Chief Risk Officer and Company Secretary 
     ------------------------  ----------------------------------------- 
 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            A non-transferable conditional award 
       the financial             of ordinary shares in the Company under 
       instrument, type          the Sabre 2017 Long-Term Incentive 
       of instrument             Plan. No consideration will be paid 
                                 by the PDMR on the grant or vesting 
                                 of the conditional award. 
 
      Identification            GB00BYWVDP49 
       code 
 
 b)   Nature of the             Grant of conditional award 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   261.30 pence       47,638 
                                                     ------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume   Price per share 
       Volume                      47,638   261.30 pence 
       Price                               ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       21 May 2021 
     ------------------------  ----------------------------------------- 
 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            A non-transferable conditional award 
       the financial             of ordinary shares in the Company under 
       instrument, type          the Sabre 2017 Long-Term Incentive 
       of instrument             Plan. No consideration will be paid 
                                 by the PDMR on the grant or vesting 
                                 of the conditional award. 
 
      Identification            GB00BYWVDP49 
       code 
 
 b)   Nature of the             Grant of conditional award 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   261.30 pence       78,790 
                                                     ------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume   Price per share 
       Volume                      78,790   261.30 pence 
       Price                               ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       21 May 2021 
     ------------------------  ----------------------------------------- 
 f)   Place of transaction      London Stock Exchange (XLON) 
     ------------------------  ----------------------------------------- 
 

PDMR transaction notification

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Adam Westwood 
     ------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status           Chief Financial 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            A non-transferable conditional award 
       the financial             of ordinary shares in the Company under 
       instrument, type          the Sabre 2017 Long-Term Incentive 
       of instrument             Plan. No consideration will be paid 
                                 by the PDMR on the grant or vesting 
                                 of the conditional award. 
 
      Identification            GB00BYWVDP49 
       code 
 
 b)   Nature of the             Grant of conditional award 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   261.30 pence       59,548 
                                                     ------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume   Price per share 
       Volume                      59,548   261.30 pence 
       Price                               ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       21 May 2021 
     ------------------------  ----------------------------------------- 
 f)   Place of transaction      London Stock Exchange (XLON) 
     ------------------------  ----------------------------------------- 
 

PDMR transaction notification

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                      Matt Wright 
     ------------------------  ----------------------------------------- 
 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            A non-transferable conditional award 
       the financial             of ordinary shares in the Company under 
       instrument, type          the Sabre 2017 Long-Term Incentive 
       of instrument             Plan. No consideration will be paid 
                                 by the PDMR on the grant or vesting 
                                 of the conditional award. 
 
      Identification            GB00BYWVDP49 
       code 
 
 b)   Nature of the             Grant of conditional award 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price per share    Volume 
                                   261.30 pence       48,220 
                                                     ------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated Information      Volume   Price per share 
       Volume                      48,220   261.30 pence 
       Price                               ---------------- 
     ------------------------  ----------------------------------------- 
 e)   Date of transaction       21 May 2021 
     ------------------------  ----------------------------------------- 
 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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHXFLFLFELBBBL

(END) Dow Jones Newswires

May 21, 2021 09:05 ET (13:05 GMT)

1 Year Sabre Insurance Chart

1 Year Sabre Insurance Chart

1 Month Sabre Insurance Chart

1 Month Sabre Insurance Chart

Your Recent History

Delayed Upgrade Clock