27th Nov 2019 14:36
FOR IMMEDIATE RELEASE
27 November 2019
Hastings Group Holdings plc (the "Company")
Director/PDMR Shareholding
The Company was notified by Link IRG Trustees Limited ("the Trustees") on 27 November 2019 that the following purchases of Company ordinary shares were made by the Trustees on 3 June and 9 November 2019 on behalf of Persons Discharging Managerial Responsibility ("PDMR") pursuant to the Company's Share Incentive Plan ("SIP") as a result of the Company's dividend that was paid on 31 May and 8 November 2019 respectively.
The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary and/or dividends received in each monthly pay period.
Name of PDMR | Date | Number of ordinary shares acquired under the SIP | Price per ordinary share |
Tobias van der Meer | 3 June 2019 | 71 | £1.808 |
8 November 2019 | 37 | £1.836 |
Mr van der Meer no longer actively participates in the SIP but continues to have beneficial interest in Company ordinary shares held on his behalf by Link IRG Trustees Limited pursuant to the rules of the SIP and therefore receives dividends on those ordinary shares which are reinvested.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and article 19 of the Market Abuse Regulation.
Hastings Group+44 (0) 142 473 8220Tony Leppard, Company Secretary
Instinctif Partners+44 (0) 207 457 2020Lewis Hill
Related Shares:
HSTG.L