7th Apr 2017 12:30
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
7 April 2017
Hastings Group Holdings plc
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')
On 6 April 2017, conditional awards over ordinary shares of £0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMRs under the Hastings 2015 Bonus Deferral Plan (the "Awards") as follows:
Name | Position | Number of shares subject to Award |
Gary Hoffman | CEO | 25,120 |
Richard Hoskins | CFO | 16,658 |
Anthony Leppard | Company Secretary | 9,519 |
Tobias van der Meer | MD, Retail (Hastings Insurance Services) | 13,221 |
Ed Biemer | MD, Advantage Insurance Company Ltd | 10,577 |
David Walker | MD, Insurer Services (Hastings Insurance Services) | 7,139 |
No consideration was paid for the grant of the Awards which are in relation to the deferred element of 2016 annual bonus awards. The Awards will vest on 16 March 2020.
The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares, obtained via Bloomberg, over the five consecutive dealing days beginning with the dealing day on which the Company made a preliminary announcement of its results for the Financial Year ended 31 December 2016, which was £2.3636 pence per share.
The above information is disclosed pursuant to Disclosure and Transparency Rule 3.1.4R
Hastings Group+44 (0) 142 473 8220Tony Leppard, Company Secretary
Instinctif Partners+44 (0) 207 457 2020Giles Stewart
Related Shares:
HSTG.L