Last checked at 3 Aug 2020 12:54
3 August 2020
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 31 July 2020 that James Ockenden, Chief Actuary, sold 160,000 Ordinary Shares of 0.01 pence each in the capital of the Company at an average price of 296.00 pence per Ordinary Share (the "Transaction"). Following the Transaction, Mr Ockenden transferred 149,050 Ordinary Shares of 0.01 pence each in the capital of the Company on 31 July 2020 to his wife, Rebecca Ockenden.
Following the transaction, Mr Ockenden and Mrs Ockenden, together hold 780,000 Ordinary Shares in the Company, representing 0.31 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 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
| Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information Volume Price |
| ||||
e) | Date of transaction | 31 July 2020 | ||||
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) |
| ||||||
d) | Aggregated Information Volume Price |
| ||||||
e) | Date of transaction | 31 July 2020 | ||||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||||