22nd Mar 2017 13:54
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 the EU Market Abuse Regulation.
Deferred Bonus Plan
esure Group plc (the "Company") announces that on 20 March 2017 Stuart Vann and Darren Ogden, Directors of the Company, and persons' discharging managerial responsibilities were each granted an award over ordinary shares of 1/12p each in the Company under the esure Group plc 2016 Deferred Bonus Plan. No consideration was paid for the grant of the awards and no performance conditions are attached to the awards.
The first third of the shares will vest and become exercisable on the first anniversary of the grant date 20 March 2018; The second third of the shares will vest and become exercisable on the second anniversary of the grant date 20 March 2019; and the remaining shares will vest on the third anniversary of the grant date 20 March 2020. Details are provided below.
1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
a) | Name | 1. Stuart Vann 2. Darren Ogden | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | 1. Chief Executive Officer 2. Chief Finance 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 | Grant of options under the esure esure Group plc 2016 Deferred Bonus Plan. | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 20 March 2017 |
f) | Place of the transaction | Grant of the options occurred outside a trading venue |
Enquiries:
Alice Rivers, Company Secretary
Tel: 01737 235504
22 March 2017
Related Shares:
Esure Group