Last checked at 21 Jun 2018 14:00
21 June 2018
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Further to the approval of the Company's directors' remuneration policy at the 2018 AGM, Sabre announces that today the following directors and PDMRs of the Company were, subject to the rules of the Sabre 2017 Long-Term Incentive Plan (the "Plan"), each granted a conditional award of ordinary shares of 0.001p in the Company as detailed below:
Name | Position | No of shares subject to award |
Geoff Carter | Chief Executive Officer | 186,289 |
Adam Westwood | Chief Financial Officer | 83,830 |
Trevor Webb | Claims Director | 102,459 |
James Ockenden | Chief Actuary | 93,144 |
Anneka Kingan | Company Secretary | 29,806 |
The vesting of the awards will be subject to the achievement of performance conditions measuring the Company's total shareholder return performance (relative to the constituent companies of the FTSE250 index (excluding investment trusts and companies in the extractive industries)) and earnings per share performance, both measured over a period from 1 January 2018 to 31 December 2020.
This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.
Additional Information:
Anneka Kingan - Company Secretary
Anneka.kingan@sabre.co.uk
PDMR transaction notification
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Geoff Carter | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sabre Insurance Group Plc | ||||
b)
| LEI
| 2138006RXRQ8P8VKGV98 | ||||
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. | ||||
Identification code | GB00BYWVDP49 | |||||
b)
| Nature of the transaction
| Grant of conditional award | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 21 June 2018 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
PDMR transaction notification
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Adam Westwood | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sabre Insurance Group Plc | ||||
b)
| LEI
| 2138006RXRQ8P8VKGV98 | ||||
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. | ||||
Identification code | GB00BYWVDP49 | |||||
b)
| Nature of the transaction
| Grant of conditional award | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 21 June 2018 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
PDMR transaction notification
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Trevor Webb | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Claims Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sabre Insurance Group Plc | ||||
b)
| LEI
| 2138006RXRQ8P8VKGV98 | ||||
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. | ||||
Identification code | GB00BYWVDP49 | |||||
b)
| Nature of the transaction
| Grant of conditional award | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 21 June 2018 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
PDMR transaction notification
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| James Ockenden | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Actuary | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sabre Insurance Group Plc | ||||
b)
| LEI
| 2138006RXRQ8P8VKGV98 | ||||
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. | ||||
Identification code | GB00BYWVDP49 | |||||
b)
| Nature of the transaction
| Grant of conditional award | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 21 June 2018 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
PDMR transaction notification
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Anneka Kingan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Company Secretary | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sabre Insurance Group Plc | ||||
b)
| LEI
| 2138006RXRQ8P8VKGV98 | ||||
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. | ||||
Identification code | GB00BYWVDP49 | |||||
b)
| Nature of the transaction
| Grant of conditional award | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 21 June 2018 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||