7 Aug 2018 12:00
DIRECT LINE INSURANCE GROUP PLC ("DLG")
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TRANSACTIONS IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs")
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7 August 2018
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The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||
a)  | Name   | Penny James  | ||||||
2  | Reason for the notification  | |||||||
a)  | Position/status   | Chief Financial 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) Â | LEI Â Â | 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 share award granted in November 2017 (as nil cost options) to replace awards forfeited at previous employer on joining DLG. The award vested at 95.835% after the application of performance criteria. The number of Shares vesting includes additional dividend equivalent Shares, in accordance with the rules; (ii) Exercise of option and acquisition of vested Shares; and (iii) Sale of Shares to cover the costs of exercise including tax and dealing costs.  | ||||||
c) Â | Price(s) and volume(s) Â Â | Â
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d)  | Aggregated information - Aggregated volume - Price  |  Not applicable  | ||||||
e)  | Date of the transaction   | 2 August 2018  | ||||||
f)  | Place of the transaction   | The London Stock Exchange (XLON) |
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For any enquiries relating to this announcement, please contact:
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Simon Watson
Deputy Company Secretary
Telephone: 01651 831911
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