17th Sep 2013 16:52
RSA Insurance Group plc
Transactions in shares by Person Discharging Managerial Responsibility (“PDMR”)
Ordinary Shares of 27.5p each
17 September 2013
RSA Insurance Group plc (the “Company”) received notification on 16 September 2013, of the following transactions in its ordinary shares of 27.5p each (“Ordinary Shares”) by Simon Lee on 16 September 2013.
Mr Lee exercised 125,000 share options under the Company’s Executive Share Option Scheme as detailed in the table below (the “Exercise”).
| Number of Options over Ordinary Shares exercised | Exercise price | ||||
| 125,000 | £0.924 |
Mr Lee sold 108,380 shares at a price of £1.24 per share to cover the cost of the Exercise, associated tax liabilities and commission. He retained the remaining 16,620 shares and transferred these to his spouse, Fiona Jean Lee.
This announcement is made following notifications made in accordance with Disclosure and Transparency Rule 3.1.2R.
The transactions were carried out in London.
--ENDS--
Enquiries to:
John Mills, Deputy Group Company Secretary
RSA Insurance Group plc
Tel: +44 (0) 20 7111 7000
Copyright Business Wire 2013
Related Shares:
RSA.L