7th Apr 2009 16:12
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24
Please complete all relevant boxes in block capital letters.
| 1. | Name of issuer
RSA INSURANCE GROUP PLC | 2. | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6 R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).
(i) | |||
| 3. | Name of person discharging managerial responsibilities / director
ADRIAN BROWN | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A | |||
| 5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest3
HOLDING IN RESPECT OF THE PERSON NAMED IN BOX 3 | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares
N/A | |||
| 7. | Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
PERSON NAMED IN BOX 3 | 8. | State the nature of the transaction
N/A | |||
| 9. | Number of shares, debentures or financial instruments relating to shares acquired
N/A | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A | |||
| 11. | Number of shares, debentures or financial instruments relating to shares disposed
N/A | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A | |||
| 13. | Price per share or value of transaction
N/A | 14. | Date and place of transaction
N/A | |||
| 15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
N/A | 16. | Date issuer informed of transaction
N/A |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
| 17. | Date of grant
6 APRIL 2009 | 18. | Period during which or date on which it can be exercised
UNDER NORMAL CIRCUMSTANCES, SHARE AWARDS WILL VEST ON 6 APRIL 2012. SEE BOX 23. | |||
| 19. | Total amount paid (if any) for grant of the option
N/A | 20. | Description of shares or debentures involved (class and number)
ORDINARY SHARES OF 27.5p
THESE AWARDS RELATE TO THE COMPANY'S LONG TERM INCENTIVE PLAN (LTIP)
VOLUNTARY DEFERRED SHARES - MAXIMUM MATCH: 90,868 COMPULSORY DEFERRED SHARES: 36,937 COMPULSORY DEFERRED SHARES - MAXIMUM MATCH: 92,342 PERFORMANCE SHARES: 332,120 | |||
| 21. | Exercise price (if fixed at time of grant) or indicationthat price is to be fixed at the time of exercise
N/A | 22. | Total number of shares or debentures over which options held following notification
SHARE OPTIONS: 208,248
LTIP: 1,812,723 (SEE BOX 23) | |||
| 23. | Any additional information
THE AWARDS GRANTED UNDER THE LTIPINCLUDE THE MAXIMUM AWARD AVAILABLETO THE PARTICIPANT. THE ACTUAL NUMBEROF SHARES TO BE DELIVERED WILL BEDEPENDENT UPON THE SATISFACTION OFPERFORMANCE CRITERIA. | 24. | Name of contact and telephone number for queries
JULIA POSSENER : 020 7111 7000 |
| 25. | Name and signature of duly authorised officer of issuer responsible for making this notification
JULIA POSSENER, DEPUTY GROUP COMPANY SECRETARY
Date of notification : 7 APRIL 2009 |
Copyright Business Wire 2009
Related Shares:
RSA.L