7th Mar 2014 09:00
FOR IMMEDIATE RELEASE
7 March 2014
Direct Line Group announces the resignation of Mark Catton as a Non-executive Director
Direct Line Insurance Group plc (the "Company") announces that Mark Catton has resigned as a Director of the Company with effect from today. Mr Catton was one of the two directors previously nominated by The Royal Bank of Scotland Group plc ("RBS Group").
Mr Catton's resignation follows the sale by RBS Group of 28.2% of the issued shares of the Company, announced on 3 March 2014. In accordance with the Relationship Agreement between RBS Group and the Company dated 28 September 2012, RBS Group's entitlement to appoint Non-executive Directors to the Board of the Company has now ended.
The Company's Chairman, Mike Biggs, thanked Mr Catton for his contribution to the Board during his time as a Director.
-ENDS-
For further information, please contact
Robert Bailhache
Director of Communications
Direct Line Group
Tel: 020 8285 3276
Neil Manser
Director of Corporate Strategy and Investor Relations
Direct Line Group
Tel: 016 5183 2183
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