Sabre Insurance Group PLC Director/PDMR Shareholding (8064V)
10 April 2019 - 11:58PM
UK Regulatory
TIDMSBRE
RNS Number : 8064V
Sabre Insurance Group PLC
10 April 2019
10 April 2019
Sabre Insurance Group plc
Notification of transactions of Directors, Persons Discharging
Managerial Responsibility or Connected Persons
Sabre Insurance Group plc (the "Company" or "Sabre), one of the
UK's leading private motor insurance underwriters, announces that
it was notified on 10 April 2019 that Geoff Carter, Chief Executive
Officer, Adam Westwood, Chief Financial Officer, and Trevor Webb,
Claims Director, sold a total of 1,030,000 Ordinary Shares of 0.01
pence each in the capital of the Company on 10 April 2019 at an
average price of 288.00 pence per Ordinary Share (the
"Transaction"). The individual transactions are detailed below:
Name and job Number of shares Price shares Number of shares Number of shares
title sold sold at retained retained as
a % of issued
share capital
Geoff Carter
Chief Executive
Officer 420,000 288.00p 1,545,372 0.62%
----------------- ------------- ----------------- -----------------
Adam Westwood
Chief Financial
Officer 190,000 288.00p 652,303 0.26%
----------------- ------------- ----------------- -----------------
Trevor Webb
Claims Director 420,000 288.00p 1,545,372 0.62%
----------------- ------------- ----------------- -----------------
Following this transaction Geoff Carter, Chief Executive
Officer, and Adam Westwood, Chief Financial Officer have both
entered a voluntary lock up in respect of their retained shares,
which will expire post the release of the Company's financial
results for the year ended 31 December 2019, and continue to meet
the Company's shareholding requirements for Executive
Directors.
Further details of the Transaction are set out below and in the
attached notification as required by the EU Market Abuse
Regulation.
For further information, please contact:
Anneka Kingan - Company Secretary
Anneka.kingan@sabre.co.uk
LEI Code: 2138006RXRQ8P8VKGV98
Sabre Insurance Group Plc
Notification of transactions by Persons Discharging Managerial
Responsibilities (PDMR)
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Geoff Carter
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Sabre Insurance Group Plc
----------------------------- ------------------------------------
b) LEI 2138006RXRQ8P8VKGV98
----------------------------- ------------------------------------
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 of Ordinary Shares
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Sale of Ordinary Shares
transaction
----------------------------- ------------------------------------
c) Price(s) and volume(s) Price per share Volume
288.00 pence 420,000
--------
----------------------------- ------------------------------------
d) Aggregated Information Volume Price per share
Volume 420,000 288.00 pence
Price ----------------
----------------------------- ------------------------------------
e) Date of transaction 10 April 2019
----------------------------- ------------------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------------- ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Adam Westwood
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
----------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Sabre Insurance Group Plc
----------------------------- ------------------------------------
b) LEI 2138006RXRQ8P8VKGV98
----------------------------- ------------------------------------
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 of Ordinary Shares
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Sale of Ordinary Shares
transaction
----------------------------- ------------------------------------
c) Price(s) and volume(s) Price per share Volume
288.00 pence 190,000
--------
----------------------------- ------------------------------------
d) Aggregated Information Volume Price per share
Volume 190,000 288.00 pence
Price ----------------
----------------------------- ------------------------------------
e) Date of transaction 10 April 2019
----------------------------- ------------------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------------- ------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Trevor Webb
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Claims Director
----------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Sabre Insurance Group Plc
----------------------------- ------------------------------------
b) LEI 2138006RXRQ8P8VKGV98
----------------------------- ------------------------------------
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 of Ordinary Shares
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Sale of Ordinary Shares
transaction
----------------------------- ------------------------------------
c) Price(s) and volume(s) Price per share Volume
288.00 pence 420,000
--------
----------------------------- ------------------------------------
d) Aggregated Information Volume Price per share
Volume 420,000 288.00 pence
Price ----------------
----------------------------- ------------------------------------
e) Date of transaction 10 April 2019
----------------------------- ------------------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------------- ------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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