RSA Rsa Insurance Group Ld

 
TIDMRSA 
 
 

RSA Insurance Group plc

("the Company")

Transactions in shares by Persons Discharging Managerial Responsibility ("PDMRs")

Ordinary Shares of GBP1.00 each

8 April 2015

The Company announces the following changes to the interests of PDMRs in the Company's Ordinary Shares of GBP1.00 each ("Ordinary Shares").

On 7th April 2015 the Company granted the following Conditional Awards over Ordinary Shares under the terms of the RSA Performance Share Plan 2014 (PSP) to PDMRs at nil cost:

 
Name                  No. ofBonus Deferral    Maximum No. of 
                      Shares Awarded          Performance 
                                              Shares Receivable 
David Coughlan        29,803                  116,089 
Vanessa Evans         30,069                  105,716 
Stephen Hester        110,247                 669,202 
Richard Houghton      11,740                  - 
Steve Lewis           -                       234,807 
William McDonnell     12,934                  95,097 
Darren Price          25,833                  105,663 
Rowan Saunders        42,871                  162,668 
Derek Walsh           30,987                  108,944 
Paul Whittaker        48,355                  169,984 
 
 

Under normal circumstances, Awards of Bonus Deferral Shares and Performance Shares will vest on 7th April 2018, subject to the rules of the PSP and the provisions of the Company's approved Remuneration Policy. Performance Shares are also subject to the testing of performance conditions, details of which are disclosed within the 2014 Directors' Remuneration Report. A two-year retention period is applicable to Executive Directors' vested Performance Shares, as detailed in the Remuneration Policy.

This announcement is made following notifications made in accordance with Disclosure and Transparency Rule 3.1.2R.

Enquiries to:

Elinor Bell, Deputy Group Company Secretary

RSA Insurance Group plc

Tel: +44 (0) 20 7111 7000

 
 
This information is provided by Business Wire 
 
 

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