4 Mar 2016 14:00
RSA Insurance Group plc
(“the Company”)
Transactions in shares by Persons Discharging Managerial Responsibility (“PDMRs”)
Ordinary Shares of £1.00 each
4th March 2016
The Company announces the following changes to the interests of PDMRs in the Company’s Ordinary Shares of £1.00 each (“Ordinary Shares”).
On 4th March 2016 the Company granted the following Conditional Awards over Ordinary Shares under the terms of the RSA Performance Share Plan 2014 (PSP) to the following PDMRs at nil cost:
| Name | No. of Bonus Deferral Shares Awarded | Maximum No. of Performance Shares Receivable | |||
| David Coughlan | 41,831 | 158,686 | |||
| Ralph Daals | 9,228 | 78,210 | |||
| Scott Egan | N/A | 238,030 | |||
| Charlotte Heiss | 7,830 | 59,961 | |||
| Stephen Hester | 131,800 | 505,236 | |||
| Steve Lewis | 44,432 | 231,229 | |||
| William McDonnell | 28,400 | 91,358 | |||
| Darren Price | 31,545 | 104,053 | |||
| Rowan Saunders | 52,772 | 148,409 | |||
| Paul Whittaker | 47,249 | 167,393 |
Under normal circumstances, Awards of Bonus Deferral Shares and Performance Shares will vest on 4th March 2019, subject to the rules of the PSP and the provisions of the Company’s approved Remuneration Policy. Performance Shares are also subject to the testing of performance conditions. A two-year retention period is applicable to Executive Directors’ vested Performance Shares, as detailed in the Remuneration Policy.
This announcement is made following notifications made in accordance with Disclosure and Transparency Rule 3.1.2R.
The transactions were carried out in London.
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Enquiries to:
Elinor Bell, Deputy Group Company Secretary
RSA Insurance Group plc
Tel: +44 (0) 20 7111 7000
Louise Shield, External Communications Director
Tel: +44 (0) 20 7111 7047
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