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Director/PDMR Shareholding

15 Oct 2019 10:03

RNS Number : 9136P
Sabre Insurance Group PLC
15 October 2019
 

15 October 2019

Sabre Insurance Group plc

 

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 it was notified on 14 October 2019 that both James Ockenden, Chief Actuary, sold 38,636 Ordinary Shares of 0.01 pence each in the capital of the Company and his wife, Rebecca Ockenden sold 4,050 Ordinary Shares of 0.01 pence each in the capital of the Company at an average price of 291.83 pence per Ordinary Share (the "Transaction"). Following the Transaction, Mr Ockenden transferred 19,050 Ordinary Shares of 0.01 pence each in the capital of the Company on 14 October 2019 to Mrs Ockenden.

 

Following the transaction, Mr Ockenden and Mrs Ockenden, together hold 940,000 Ordinary Shares in the Company, representing 0.38 per cent. of the Company's issued share capital.

 

Further details of the Transaction are set out below and in the attached notification 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

 

 

Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

James and Rebecca Ockenden

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Actuary and spouse

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

Ordinary Shares

Identification code

GB00BYWVDP49

b)

 

Nature of the transaction

 

 

Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Price per share

Volume

£2.9183

42,686

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

42,686

£2.9183

 

e)

Date of transaction

14 October 2019

f)

Place of transaction

London Stock Exchange (XLON)

 

 

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

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

Ordinary Shares

Identification code

GB00BYWVDP49

b)

 

Nature of the transaction

 

 

Transfer of shares to Mrs R Ockenden (spouse) for nil consideration

c)

 

Price(s) and volume(s)

 

Price per share

Volume

 Nil

19,050

d)

Aggregated Information

Volume

Price

 

Volume

Price per share

19,050

 Nil

 

e)

Date of transaction

14 October 2019

f)

Place of transaction

London Stock Exchange (XLON)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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