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Director/PDMR Shareholding

12th Apr 2019 07:00

RNS Number : 9660V
Hastings Group Holdings plc
12 April 2019
 

 

Director/PDMR Shareholding

 

FOR IMMEDIATE RELEASE

 

12 April 2019

 

Hastings Group Holdings plc

 

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')

On 11 April 2019, conditional awards over ordinary shares of £0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMRs under the Hastings 2015 Bonus Deferral Plan (the "Awards") as follows:

Name

Position

Number of shares subject to Award

Tobias van der Meer

CEO

11,349

Richard Hoskins

CFO

7,944

 

No consideration was paid for the grant of the Awards which are in relation to the deferred element of 2018 annual bonus awards. The Awards will vest on 16 March 2022.

The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares over the five consecutive dealing days beginning with the dealing day on which the Company made a preliminary announcement of its results for the Financial Year ended 31 December 2017, which was £2.2028 pence per share.

The above information is disclosed pursuant to article 19 of the Market Abuse Regulation.

Tony LeppardGroup Company Secretary[email protected] 

Instinctif PartnersTim Linacre / Lewis HillT: +44 (0) 207 457 [email protected]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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