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Company Direct Line Insurance Group PLC
TIDM DLG
Headline Director/PDMR Shareholding
Released 09:30 30-Jan-2019
Number 5186O09

RNS Number : 5186O
Direct Line Insurance Group PLC
30 January 2019
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

 

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jonathan Greenwood ("JG")

Simon Linares ("SL")

Steven Maddock ("SM")

Humphrey Tomlinson ("HT")

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

JG - Managing Director, Commercial / PDMR

SL - Human Resources Director / PDMR

SM - Chief Operating Officer / PDMR

HT - General Counsel / PDMR

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Direct Line Insurance Group plc

b)

 

LEI

 

 

213800FF2R23ALJQOP04

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 the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 10 10/11 pence ("Shares")

 

 

GB00BY9D0Y18

 

b)

 

Nature of the transaction

 

 

Purchase of Shares and the allocation of one Share for every two Shares purchased under the Buy As You Earn Plan. Under this transaction the following Partnership Shares were purchased and Matching Shares were acquired for each PDMR. This was a non-discretionary transaction.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s) of Partnership Shares

£3.33

JG - 45

SL - 45

SM - 45

HT - 45

 

Price(s)

Volume(s) of Matching Shares

Nil

JG - 22

SL - 23

SM - 22

HT - 22

 

 

d)

 

Aggregated information

 

 

- Price

 

 

- Volume

 

 

 

 

Price(s)

Volume

£2.24

JG - 67

£2.20

SL - 68

£2.24

SM - 67

£2.24

HT - 67

 

 

e)

 

Date of the transaction

 

 

 28 January 2019

f)

 

Place of the transaction

 

 

The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

 

Simon Watson

Deputy Company Secretary
Email: 
Simon.a.Watson@directlinegroup.co.uk

Telephone:  01651 831 911


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