Director/PDMR Shareholding

Director/PDMR Shareholding

FOR IMMEDIATE RELEASE

19 September 2019

Hastings Group Holdings plc

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

Conditional awards over ordinary shares of £0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMR under the Hastings 2015 Long-Term Incentive Plan (the "Award(s)") as follows:

No consideration was paid for the grant of the Awards.

The number of shares subject to the Awards 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 half year results for the period ended 30 June 2019, which was £1.8614 pence per share.

First Award

The vesting of the Award is subject to the PDMR's continued employment with the Company and performance conditions measuring the Company's EPS and TSR over a performance period of three financial years, commencing 1 January 2019. The Award is subject to a holding period of two years upon vesting.

Second Award

The Award will vest, subject to the PDMR's continued employment with the Company, in four tranches as follows: 100,943 Shares on 30 March 2020; 100,943 Shares on 30 March 2021; 100,943 Shares on 30 March 2022; and 100,943 Shares on 30 March 2023.

There are no performance conditions attaching to the Award and no holding period applies upon vesting.

The Award was approved by the Company's Remuneration Committee, in accordance with the requirements of LR 9.4.2R(2) of the FCA's Listing Rules, in order to facilitate the PDMR's recruitment as Chief Financial Officer of the Company to reflect the value of awards forfeited by him as a result of his resignation from his former employer.

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]