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Director/PDMR Shareholding

20th Apr 2016 17:04

RNS Number : 8404V
Hastings Group Holdings plc
20 April 2016
 

 

Director/PDMR Shareholding

 

FOR IMMEDIATE RELEASE

 

20 April 2016

 

Hastings Group Holdings plc

 

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ('PDMRs')

On 19 April 2016, 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 Long-Term Incentive Plan (the "Awards") as follows:

Name

Position

Number of shares subject to Award

Anthony Leppard

Company Secretary

233,402

Timothy Money

Director, Hastings Insurance Services Limited

(a subsidiary of the Company)

118,553

No consideration was paid for the grant of the Awards. The vesting of the Awards is subject to continued employment with the Company and the performance conditions measuring the Company's EPS and TSR over a period of three financial years.

The number of shares subject to the Award was determined by using the average closing price of the Company's ordinary shares over the five days following the date of announcement of the Company's financial results for the year ended 31 December 2015 as ascertained by the Stock Exchange Daily Official List, which was £1.687 pence per share.

The above information is disclosed pursuant to Disclosure and Transparency Rule 3.1.4R

Enquiries

 

Hastings Group +44 (0) 142 473 8220

Tony Leppard, Company Secretary

 

Instinctif Partners +44 (0) 207 457 2020

Mike Davies

Nick Woods

Giles Stewart

 

 

 

 

 

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