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Director/PDMR Shareholding

21st Mar 2018 15:52

RNS Number : 4975I
esure Group plc
21 March 2018
 

 

 

esure Group plc

 

Notification of Transactions of Directors, Person Discharging Managerial Responsibilities ("PDMRs")

The information contained in this notification is disclosed in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 

Deferred Bonus Plan

esure Group plc (the "Company") announces that on 20 March 2018 Darren Ogden, a Director of the Company, and a person discharging managerial responsibility, has exercised his award of 15,957 shares granted under the esure Group plc 2016 Deferred Bonus Plan in March 2017 and acquired the shares. This notification is in respect of the first one-third of the share award which vested and became exercisable on 20 March 2018. The second third of the shares will vest and become exercisable on the second anniversary of the grant date on 20 March 2019; and the remaining shares will vest on the third anniversary of the grant date on 20 March 2020. Mr. Ogden has retained all 15,957 ordinary shares.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Darren Ogden

2.

Reason for the notification

a)

Position / status

Interim Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the Issuer

a)

Name

esure Group plc

b)

LEI

213800KOI3F5LM54PT80

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

esure Group plc ordinary shares of 1/12 pence

ISIN: GB00B8KJH563

b)

Nature of the transaction

Acquisition of shares linked to the exercise of an award under the esure Group plc 2016 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil consideration

15,957

d)

Aggregated information

- Aggregated volume

- Price

 

 

N/a

 

e)

Date of the transaction

20 March 2018

f)

Place of the transaction

London Stock Exchange, XLON

 

 

Enquiries:

Alice Rivers, Company Secretary

Tel: 01737 235504

 

21 March 2018

 

 

esure Group plc is listed on the London Stock Exchange (ESUR)

Registered Office: The Observatory, Reigate, Surrey RH2 0SG

Registered in England and Wales with registered number: 7064312

LEI: 213800KOI3F5LM54PT80

ISIN: GB00B8KJH563

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Esure Group
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