ESUR Esure

TIDMESUR

RNS Number : 2262A

esure Group plc

22 March 2017

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                    1. Chief Executive Officer 
       / status                    2. Chief Finance Officer 
---  ---------------------  --------------------------------------------------- 
 b)   Initial notification   Initial notification 
       / amendment 
---  ---------------------  --------------------------------------------------- 
 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            esure Group plc ordinary shares 
       of the financial       of 1/12 pence 
       instrument             ISIN: GB00B8KJH563 
---  ---------------------  --------------------------------------------------- 
 b)   Nature of              Grant of options under the esure 
       the transaction        esure Group plc 2016 Deferred 
                              Bonus Plan. 
---  ---------------------  --------------------------------------------------- 
 c)   Price(s)                Price(s)                               Volume(s) 
       and volume(s)          -------------------------------------  ---------- 
                               GBP2.414 (exercise price per share)    67,015 
                              -------------------------------------  ---------- 
                               GBP2.414 (exercise price per share)    45,422 
                              -------------------------------------  ---------- 
---  ---------------------  --------------------------------------------------- 
 
 
 d)        Aggregated                 N/A 
            information 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  ------------------------------ 
 e)   Date of the                     20 March 2017 
       transaction 
---  ------------------------------  ------------------------------ 
 f)   Place of                        Grant of the options occurred 
       the transaction                 outside a trading venue 
---  ------------------------------  ------------------------------ 
 

Enquiries:

Alice Rivers, Company Secretary

Tel: 01737 235504

22 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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