17th Apr 2014 14:30
esure Group plc
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility and/or their Connected Persons
Grant of Award under the esure Performance Share Plan ("PSP")
This notification is made in accordance with DTR 3.1.4(1).
On 16 April 2014, awards over ordinary shares in esure Group plc (the "Company") were made to the following executive directors under the esure Performance Share Plan 2013:
Name of Director | Number of Shares held under Award |
Stuart Vann | 338,926
|
Darren Ogden | 189,594
|
No consideration was paid for the grant of the Awards, which are structured as conditional awards.
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 later of the third anniversary of grant and the determination of the performance conditions.
The Company was informed of the above transactions on 16 April 2014.
Enquiries:
Alice Rivers, Deputy Company Secretary
Tel: 01737 235504
17 April 2014
Related Shares:
Esure Group