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9 Apr 2018 17:33
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
9 April 2018
Hastings Group Holdings plc
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')
On 6 April 2018, conditional awards over ordinary shares of £0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMRs under the Hastings 2015 Long-Term Incentive Plan (the "Awards") as follows:
Name | Position | Number of shares subject to Award |
Tobias van der Meer | CEO | 411,605 |
Richard Hoskins | CFO | 256,110 |
Edward Biemer | MD, Advantage Insurance Company Ltd | 186,594 |
No consideration was paid for the grant of the Awards. The vesting of the Awards is subject to continued employment with the Company and the performance conditions measuring the Company's EPS and TSR over a period of three financial years.
The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares, obtained via FactSet, over the five consecutive dealing days beginning with the dealing day on which the Company made a preliminary announcement of its results for the Financial Year ended 31 December 2017, which was £2.7332 pence per share.
The above information is disclosed pursuant to article 19 of the Market Abuse Regulation.
Hastings Group+44 (0) 142 473 8220Tony Leppard, Company Secretary
Instinctif Partners+44 (0) 207 457 2020Giles Stewart
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