30th May 2017 11:54
FOR IMMEDIATE RELEASE
30 May 2017
Hastings Group Holdings plc (the "Company")
Director/PDMR Shareholding
The Company was notified on 30 May 2017 that the following purchases of Company ordinary shares were made by Capita IRG Trustees Limited on 25 May 2017 on behalf of Persons Discharging Managerial Responsibility ("PDMR") pursuant to the Company's Share Incentive Plan ("SIP").
The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period.
Name of PDMR | Number of ordinary shares acquired under the SIP | Price per ordinary share | Beneficial interest in shares following this notification | Percentage of issued share capital |
Tobias van der Meer | 56 | £3.17 | 368,217 | 0.06% |
At its meeting of 25 May 2017, the Board of Directors determined Directors of the Company and the Managing Directors of the main trading subsidiaries of the Company; Hastings Insurance Services Limited and Advantage Insurance Company Limited, be regarded as PDMRs for the purposes of the Market Abuse Regulation. This and future Company announcements will therefore reflect that fact.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and article 19 of the Market Abuse Regulation.
Hastings Group+44 (0) 142 473 8220Tony Leppard, Company Secretary
Instinctif Partners+44 (0) 207 457 2020Giles Stewart
Related Shares:
HSTG.L