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By LSE RNS

RNS Number : 2259A
esure Group plc
22 March 2017
 

esure Group plc

 

Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")

 

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

 

Strategic Leadership Plan

 

esure Group plc (the "Company") announces that on 20 March 2017 Stuart Vann and Darren Ogden, Directors of the Company, and persons' discharging managerial responsibilities were each granted an option over ordinary shares of 1/12p each in the Company under the esure Group plc 2016 Strategic Leadership Plan.

 

The vesting of the Awards is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the third anniversary of grant and the determination of the performance conditions. No consideration was paid for the grant of the awards. The Awards will become exercisable on 20 March 2020. Details are provided below.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

1.     Stuart Vann

2.     Darren Ogden

2.

Reason for the notification

a)

Position / status

1.     Chief Executive Officer

2.     Chief Finance Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the Issuer

a)

Name

esure Group plc

b)

LEI

213800KOI3F5LM54PT80

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

esure Group plc ordinary shares of 1/12 pence

ISIN: GB00B8KJH563

b)

Nature of the transaction

Grant of options under the esure Group plc 2016 Strategic Leadership Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.414 (exercise price per share)

543,185

£2.414 (exercise price per share)

309,258

d)

Aggregated information

-      Aggregated volume

-      Price

N/A


 

e)

Date of the transaction

20 March 2017

f)

Place of the transaction

Grant of the options occurred outside a trading venue

 

Enquiries:

Alice Rivers, Company Secretary

Tel: 01737 235504

 

22 March 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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