TIDMDLG

RNS Number : 2619V

Direct Line Insurance Group PLC

05 August 2020

DIRECT LINE INSURANCE GROUP PLC ("DLG")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Tim Harris 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer / PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Direct Line Insurance Group plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800FF2R23ALJQOP04 
     --------------------------  --------------------------------------- 
 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 the          Ordinary shares of 10 (10) /(11) pence 
       financial instrument,       ("Shares") 
       type of instrument 
 
       Identification code 
                                   GB00BY9D0Y18 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Exercise of a nil cost option award 
                                   made under Listing Rule 9.4.2 which 
                                   vested on 30 June 2020. Mr Harris is 
                                   retaining all shares acquired under 
                                   this exercise. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         5,388 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                    Not applicable 
       - Aggregated price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     4 August 2020 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Off market 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Vicky Wallis 
     --------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Chief People Officer / PDMR 
     --------------------------  ------------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Direct Line Insurance Group plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800FF2R23ALJQOP04 
     --------------------------  ------------------------------------------------- 
 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 the          Ordinary shares of 10 (10) /(11) pence 
       financial instrument,       ("Shares") 
       type of instrument 
 
       Identification code         GB00BY9D0Y18 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction            (i) Exercise of a nil cost award under 
                                            the Restricted Share Plan which vested 
                                            on 12 May 2020; and 
                                            (ii) Sale of Shares to cover the costs 
                                            of exercise including tax and dealing 
                                            costs. 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)        Volume(s) 
                                     (i) Nil         8,960 
                                                    ---------- 
                                     (ii) GBP3.28    4,309 
                                                    ---------- 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                    Not applicable 
       - Aggregated price 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     4 August 2020 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    (i) Off market 
                                   (ii) The London Stock Exchange (XLON) 
     --------------------------  -------------------------------------------------

For any enquiries relating to this announcement, please contact:

Marsha Rennie

Assistant Company Secretary

Email: Marsha.Rennie@directlinegroup.co.uk

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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August 05, 2020 09:45 ET (13:45 GMT)

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