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Company Announcements

Director/PDMR Shareholding

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By LSE RNS

RNS Number : 2262A
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.

 

Deferred Bonus 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 award over ordinary shares of 1/12p each in the Company under the esure Group plc 2016 Deferred Bonus Plan. No consideration was paid for the grant of the awards and no performance conditions are attached to the awards.

 

The first third of the shares will vest and become exercisable on the first anniversary of the grant date 20 March 2018; The second third of the shares will vest and become exercisable on the second anniversary of the grant date 20 March 2019; and the remaining shares will vest on the third anniversary of the grant date 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 esure Group plc 2016 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.414 (exercise price per share)

67,015

£2.414 (exercise price per share)

45,422



 

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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