Last checked at 11 Jul 2019 17:08
11 July 2019
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons
Sabre announces that on 10 July 2019 the following Directors and PDMRs of the Company acquired a further interest in the Company's shares as a result of their participation in the Company's Share Incentive Plan ("SIP"). The SIP is an all employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of £0.001 ("Ordinary Shares"), using deductions from salary in each calendar month ("Partnership Shares") and receives allocations of matching free Ordinary Shares ("Matching Shares").
Details of the number of Partnership Shares purchased by each Director and PDMR at a price of £2.85 per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the Director and PDMR for no consideration are set out below:
Name | Number of Partnership Shares Purchased | Number of Matching Shares Acquired | Total of Shares Acquired | Total number of shares held under the SIP |
Geoff Carter Chief Executive Officer | 52 | 17 | 69 | 69 |
Trevor Webb Claims Director | 52 | 17 | 69 | 69 |
The transactions were notified to the Company on 11 July 2019.
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
LEI Code: 2138006RXRQ8P8VKGV98
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 | Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan | ||||
|
| |||||
Identification code | GB00BYWVDP49 | |||||
|
| |||||
b)
| Nature of the transaction
| Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 10 July 2019 | ||||
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 | Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan | ||||
|
| |||||
Identification code | GB00BYWVDP49 | |||||
|
| |||||
b)
| Nature of the transaction
| Purchase and Acquisition of Partnership and Matching Shares through the Company's Share Incentive Plan | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 10 July 2019 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||