Hastings Group Holdings plc Director/PDMR Shareholding (3358K)
10 April 2018 - 2:36AM
UK Regulatory
TIDMHSTG
RNS Number : 3358K
Hastings Group Holdings plc
09 April 2018
Director/PDMR Shareholding
FOR IMMEDIATE RELEASE
9 April 2018
Hastings Group Holdings plc
Notification of Transactions by Directors/Persons Discharging
Managerial Responsibility ('PDMRs')
On 6 April 2018, conditional awards over ordinary shares of
GBP0.02 pence in Hastings Group Holdings plc (the "Company") were
granted to the following PDMRs under the Hastings 2015 Bonus
Deferral Plan (the "Awards") as follows:
Name Position Number
of shares
subject
to Award
Gary Hoffman Director (formerly CEO) 26,731
Tobias van
der Meer CEO 14,406
Richard Hoskins CFO 17,109
MD, Advantage Insurance Company
Edward Biemer Ltd 13,034
No consideration was paid for the grant of the Awards which are
in relation to the deferred element of 2017 annual bonus awards.
The Awards will vest on 16 March 2021.
The number of shares subject to the Award was determined by
using the average mid-market closing price of the Company's
ordinary shares, obtained via FactSet, over the five consecutive
dealing days beginning with the dealing day on which the Company
made a preliminary announcement of its results for the Financial
Year ended 31 December 2017, which was GBP2.7332 pence per
share.
The above information is disclosed pursuant to article 19 of the
Market Abuse Regulation.
Hastings Group
+44 (0) 142 473 8220
Tony Leppard, Company Secretary
Instinctif Partners
+44 (0) 207 457 2020
Giles Stewart
This information is provided by RNS
The company news service from the London Stock Exchange
END
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