Last checked at 10 Jun 2020 09:57
10 June 2020
Sabre Insurance Group plc
Correction - Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Sabre Insurance Group plc (the "Company" or "Sabre), one of the UK's leading private motor insurance underwriters, announces that the transfer of 59,050 Ordinary Shares of 0.01 pence each in the capital of the Company from James Ockenden, Chief Actuary to his spouse, Mrs R Ockenden, announced on 4 June 2020, did not complete due to an administrative error.
The Company confirms that Mr and Mrs Ockenden continue to hold, in aggregate, 940,000 Ordinary Shares in the Company, representing 0.38 per cent. of the Company's issued share capital.
Further details of the transaction which did not complete are set out below as required by the EU Market Abuse Regulation.
For further information, please contact:
Anneka Kingan - Company Secretary
Anneka.kingan@sabre.co.uk
LEI Code: 2138006RXRQ8P8VKGV98
Sabre Insurance Group Plc
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)
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 | Amendment to the notification announced on 4 June 2020 | ||||
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 | Ordinary Shares | ||||
|
| |||||
Identification code | GB00BYWVDP49 | |||||
|
| |||||
b)
| Nature of the transaction
| Failed transfer of shares to Mrs R Ockenden (spouse) for nil consideration | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 3 June 2020 (but the transaction did not complete) | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||