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Director/PDMR Shareholding

28 Mar 2018 08:00

RNS Number : 1511J
esure Group plc
28 March 2018
 

 

 

esure Group plc

 

Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")

The information contained in this notification is disclosed in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 

Performance Share Plan

esure Group plc (the "Company") announces that on 26 March 2018, Darren Ogden, a Director of the Company, and a person discharging managerial responsibility, has exercised his award of 83,947 shares granted under the esure Group plc Performance Share Plan in March 2015, with 39,595 of these shares being sold at a share price of £2.127169 to settle the tax liabilities and dealing costs arising from the exercise. The balance of 44,352 shares have been retained by Mr.Ogden.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Darren Ogden

2.

Reason for the notification

a)

Position / status

Interim Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the Issuer

a)

Name

esure Group plc

b)

LEI

213800KOI3F5LM54PT80

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

esure Group plc ordinary shares of 1/12 pence

ISIN: GB00B8KJH563

b)

Nature of the transaction

1. Exercise of share award made under the rules of the esure Group Performance Share Plan (PSP) in 2015.

2. Sale of shares to settle tax liabilities and dealing costs arising from the 2015 PSP vesting.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. Nil consideration

83,947

2. £2.127169

39,595

d)

Aggregated information

- Aggregated volume

- Price

 

 

N/a

 

e)

Date of the transaction

27 March 2018

f)

Place of the transaction

London Stock Exchange, XLON

 

 

Enquiries:

Alice Rivers, Company Secretary

Tel: 01737 235504

 

28 March 2018

 

esure Group plc is listed on the London Stock Exchange (ESUR)

Registered Office: The Observatory, Reigate, Surrey RH2 0SG

Registered in England and Wales with registered number: 7064312

LEI: 213800KOI3F5LM54PT80

ISIN: GB00B8KJH563

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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