TIDMRSA 
 
 

RSA Insurance Group plc

 

("the Company")

 

Transaction in shares by Person Discharging Managerial Responsibility ("PDMR")

 

Ordinary Shares of GBP1 each

 

18 May 2015

 

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

 

On 18 May 2015 the Company granted the following Conditional Awards over Ordinary Shares under the terms of the RSA Performance Share Plan 2014 ("PSP") to a PDMR at nil cost:

 
Name                No. of          Maximum No. of Performance 
                    Bonus Deferral  Shares Receivable 
                    Shares Awarded 
Patrick Bergander   14,860          18,317 
 
 

Under normal circumstances, these Awards of Bonus Deferral Shares and Performance Shares will vest on 18 May 2019 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.

 

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

 

The transaction was carried out in London.

 

Enquiries to:

 

Elinor Bell, Deputy Group Company Secretary

 

RSA Insurance Group plc

 

Tel: +44 (0) 20 7111 7000

 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20150518005961/en/

 
This information is provided by Business Wire 
 
 
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