RNS Number : 1563J
Direct Line Insurance Group PLC
03 April 2024
 

DIRECT LINE INSURANCE GROUP PLC ("DLG")

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

 

3 APRIL 2024

 

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Kate Syred

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Customer Officer / 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

 

 

(i)         Vesting of Shares granted in March 2020 (as nil cost options) under the DLG Deferred Annual Incentive Plan (the "DAIP.") The number of Shares vesting included additional dividend equivalent Shares, in accordance with the rules of the DAIP;

(ii)        Sale of Shares to cover the costs of exercise including tax and dealing costs; and

(iii)       Sale of Shares from the remaining balance.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(i) Nil

53,416

(ii) & (iii) £1.908031

53,416

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Aggregated price

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

(i)         27 March 2023

(ii)        and (iii) 2 April 2024

f)

 

Place of the transaction

 

 

(i) Off market

(ii) & (iii) The London Stock Exchange (XLON)

 

For any enquiries relating to this announcement, please contact:

Roger Clifton

Company Secretary

Email:  Roger.Clifton@directlinegroup.co.uk   

 

 

LEI: 213800FF2R23ALJQOP04

 

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
 
 
DSHKXLBBZZLBBBB