22nd Mar 2017 13:53
esure Group plc
Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")
The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.
Strategic Leadership Plan
esure Group plc (the "Company") announces that on 20 March 2017 Stuart Vann and Darren Ogden, Directors of the Company, and persons' discharging managerial responsibilities were each granted an option over ordinary shares of 1/12p each in the Company under the esure Group plc 2016 Strategic Leadership Plan.
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 third anniversary of grant and the determination of the performance conditions. No consideration was paid for the grant of the awards. The Awards will become exercisable on 20 March 2020. Details are provided below.
1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
a) | Name | 1. Stuart Vann 2. Darren Ogden | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | 1. Chief Executive Officer 2. Chief Finance Officer | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3. | Details of the Issuer | |||||||
a) | Name | esure Group plc | ||||||
b) | LEI | 213800KOI3F5LM54PT80 | ||||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument | esure Group plc ordinary shares of 1/12 pence ISIN: GB00B8KJH563 | ||||||
b) | Nature of the transaction | Grant of options under the esure Group plc 2016 Strategic Leadership Plan. | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction | 20 March 2017 |
f) | Place of the transaction | Grant of the options occurred outside a trading venue |
Enquiries:
Alice Rivers, Company Secretary
Tel: 01737 235504
22 March 2017
Related Shares:
Esure Group