10 Aug 2016 14:30
RSA Insurance Group plc
Transactions in shares by Persons Discharging Managerial Responsibility (“PDMRs”)
10 August 2016
On 10 August 2016, RSA Insurance Group plc (the “Company”) received notification of the following transactions in its ordinary shares of £1 each (“Ordinary Shares”) by PDMRs.
On 8 August 2016, Ordinary Shares were purchased by the PDMRs listed below under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). The Ordinary Shares were purchased at a price of 504.00p per share.
| Name | Number of shares purchased under the Partnership element of the Plan (personal contribution) | Number of shares awarded under the Matching element of the Plan (Company contribution) | |||
| William McDonnell | 25 | 6 | |||
| Paul Whittaker | 25 | 6 | |||
| Steve Lewis | 25 | 6 | |||
| Charlotte Heiss | 25 | 6 | |||
| Nathan Williams | 25 | 6 |
Under the terms of the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan), the Matching Shares awarded on 7 August 2013 to the current PDMR’s listed below have vested.
| Name | Number of shares vested under the Matching element of the Plan | ||
| William McDonnell | 23 | ||
| Paul Whittaker | 23 | ||
| Charlotte Heiss | 20 | ||
| Nathan Williams | 23 | ||
| Martin Thompson | 23 |
The forms required under the EU Market Abuse Regulation follow.
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | William McDonnell | |||||
| b) | Position / status | Group Chief Risk Officer | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Acquisition of Partnership and Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
GBP5.04 25 Partnership shares acquired
GBP5.04 6 Matching shares acquired | |||||
| d) | Aggregated information Aggregated volume Price |
31 GBP5.04 | |||||
| b) | Nature of the transaction | Vesting of Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”) awarded under the Plan on 7 August 2013 originally acquired at £5.42 (adjusted for consolidation). There is nil cost at vesting. | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
nil 23 Matching shares vested | |||||
| d) | Aggregated information Aggregated volume Price |
23 nil | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | Paul Whittaker | |||||
| b) | Position / status | Group Chief Operating Officer | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Acquisition of Partnership and Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
GBP5.04 25 Partnership shares acquired
GBP5.04 6 Matching shares acquired | |||||
| d) | Aggregated information Aggregated volume Price |
31 GBP5.04 | |||||
| b) | Nature of the transaction | Vesting of Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”) awarded under the Plan on 7 August 2013 originally acquired at £5.42(adjusted for consolidation). There is nil cost at vesting. | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
nil 23 Matching shares vested | |||||
| d) | Aggregated information Aggregated volume Price |
23 nil | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | Stephen Lewis | |||||
| b) | Position / status | CEO UK and Western Europe | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Acquisition of Partnership and Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
GBP5.04 25 Partnership shares acquired
GBP5.04 6 Matching shares acquired | |||||
| d) | Aggregated information Aggregated volume Price |
31 GBP5.04 | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | Charlotte Heiss | |||||
| b) | Position / status | Group Chief Legal Officer and Company Secretary | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Acquisition of Partnership and Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
GBP5.04 25 Partnership shares acquired
GBP5.04 6 Matching shares acquired | |||||
| d) | Aggregated information Aggregated volume Price |
31 GBP5.04 | |||||
| b) | Nature of the transaction | Vesting of Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”) awarded under the Plan on 7 August 2013 originally acquired at £6.23(adjusted for consolidation). There is nil cost at vesting. | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
nil 20 Matching shares vested | |||||
| d) | Aggregated information Aggregated volume Price |
20 nil | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | Nathan Williams | |||||
| b) | Position / status | Group Underwriting Director | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Acquisition of Partnership and Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”). | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
GBP5.04 25 Partnership shares acquired
GBP5.04 6 Matching shares acquired | |||||
| d) | Aggregated information Aggregated volume Price |
31 GBP5.04 | |||||
| b) | Nature of the transaction | Vesting of Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”) awarded under the Plan on 7 August 2013 originally acquired at £5.42(adjusted for consolidation). There is nil cost at vesting. | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
nil 23 Matching shares vested | |||||
| d) | Aggregated information Aggregated volume Price |
23 nil | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
| 1. | Details of PDMR / Closely Associated Person (“CAP”) | ||||||
| a) | Name | Martin Thompson | |||||
| b) | Position / status | President and Acting CEO RSA Canada | |||||
| c) | Initial notification / amendment | Initial Notification | |||||
| 2. | Details of the issuer | ||||||
| a) | Name | RSA Insurance Group plc | |||||
| b) | LEI | 549300HOGQ7E0TY86138 | |||||
| 3. | 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 | Ordinary Shares of £1 each ISIN: GB00BKKMKR23 | |||||
| b) | Nature of the transaction | Vesting of Matching Shares under the Company’s all employee Sharebuild Plan (an HMRC approved Share Incentive Plan) (the “Plan”) awarded under the Plan on 7 August 2013 originally acquired at £5.42(adjusted for consolidation). There is nil cost at vesting. | |||||
| c) | Price(s) and volume(s) | Price(s) per unit Volume(s)
nil 23 Matching shares vested | |||||
| d) | Aggregated information Aggregated volume Price |
23 nil | |||||
| e) | Date of the transaction | 8 August 2016 | |||||
| f) | Place of the transaction | XLON London Stock Exchange | |||||
--ENDS--
Enquiries to:
Elinor Bell, Deputy Group Company Secretary
Tel: +44 (0) 20 7111 7000
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