16th Sep 2008 14:20
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIALRESPONSIBILITY AND CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to theshares 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 theshares 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 adirector/person discharging managerial responsibilities should complete boxes 1to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 Please complete all relevant boxes in block capital letters. \* T1. Name of issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with the Companies Act; or (iii) both (i) and (ii) RSA INSURANCE GROUP PLC (i) A transaction notified in accordance with DR 3.1.4R(1)(a)------------------------------------------ -----------------------------------------------3. Name of person discharging managerial 4. State whether notification relates to a responsibilities / director person connected with a person discharging managerial responsibilities/director named in 3 and ADRIAN PETER BROWN identify the connected person SARA JAYNE BROWN (WIFE)------------------------------------------ -----------------------------------------------5. Indicate whether the notification is 6. Description of shares (including class), in respect of a holding of the person debentures or derivatives or financial referred to in 3 or 4 above or in instruments relating to shares respect of a non-beneficial interest3 HOLDING IN RESPECT OF THE PERSON NAMED ORDINARY SHARES OF 27.5P EACH IN BOX 3 AND 4------------------------------------------ -----------------------------------------------7. Name of registered shareholder(s) and, 8. State the nature of the transaction if more than one, the number of shares held by each of them EXERCISE OF OPTIONS UNDER THE COMPANY'S ADRIAN PETER BROWN (1,298) EXECUTIVE SHARE OPTION SCHEME (ESOS) SARA JAYNE BROWN (40,582) EXERCISE OF VESTED SHARES UNDER THE COMPANY'S SHARE MATCHING PLAN (SMP) SALE OF ORDINARY SHARES OF 27.5P (SALE)------------------------------------------ -----------------------------------------------9. Number of shares, debentures or 10. Percentage of issued class acquired financial instruments relating to (treasury shares of that class should not shares acquired be taken into account when calculating percentage) ESOS 201,120 (ADRIAN PETER BROWN) LESS THAN 0.01% SMP 164,460 (ADRIAN PETER BROWN) LESS THAN 0.01%------------------------------------------ -----------------------------------------------11. Number of shares, debentures or 12. Percentage of issued class disposed financial instruments relating to (treasury shares of that class should not shares disposed be taken into account when calculating percentage) SALE 40,582 (SARA JAYNE BROWN) LESS THAN 0.01%------------------------------------------ -----------------------------------------------13. Price per share or value of 14. Date and place of transaction transaction ESOS AND SMP 9 SEPTEMBER 2008, LONDON SEE BOX 23 SALE 167.648P------------------------------------------ -----------------------------------------------15. Total holding following notification 16. Date issuer informed of transaction and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 15 SEPTEMBER 2008 366,878/ 0.011%------------------------------------------ -----------------------------------------------\* T If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes \* T17. Date of grant 18. Period during which or date on which it can be exercised N/A N/A------------------------------------------ ----------------------------------------------19. Total amount paid (if any) for grant 20. Description of shares or debentures of the option involved (class and number) N/A N/A------------------------------------------ ----------------------------------------------21. Exercise price (if fixed at time of 22. Total number of shares or debentures over grant) or indication that price is to which options held following be fixed at the time of exercise notification N/A N/A------------------------------------------ ----------------------------------------------23. Any additional information 24. Name of contact and telephone number for queries The PDMR has exercised vested awards under the Company's Executive Share JULIA POSSENER Option Scheme and Share Matching Plan DEPUTY GROUP COMPANY SECRETARY as follows: 020 7111 7000 Executive Share Options An option over 697,803 shares was exercised on 9 September 2008. 496,683 shares were sold on the same day at a price of 164p per share, resulting in a net increase in holding of 201,120 shares. Share Matching Plan An award over 279,137 shares was exercised on 9 September 2008. 114,677 shares were sold on the same day at a price of 162.75p per share, resulting in a net increase in holding of 164,460 shares. The PDMR also has a beneficial interest in 65,068 voluntary deferred shares which he acquired under the Company's Long Term Incentive Plan. These are not included in box 15. The shares sold following the exercise of the above options/ awards were disposed of to cover the associated tax liabilities arising on the exercise of the vested award.------------------------------------------ ----------------------------------------------\* T \* T25. Name and signature of duly authorised officer of issuer responsible for making this notification JULIA POSSENER, DEPUTY GROUP COMPANY SECRETARY Date of notification : 16 SEPTEMBER 2008----------------------------------------------------------------------------------------\* T Copyright Business Wire 2008Related Shares:
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