Sabre Insurance Group PLC Director/PDMR Shareholding (1788E)
October 16 2018 - 3:12AM
UK Regulatory
TIDMSBRE
RNS Number : 1788E
Sabre Insurance Group PLC
16 October 2018
16 October 2018
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 15 October 2018 that James Ockenden, Chief
Actuary, sold 982,686 Ordinary Shares of 0.01 pence each in the
capital of the Company on 15 October 2018 at an average price of
259.02 pence per Ordinary Share (the "Transaction").
Following the transaction, Mr Ockenden holds 982,686 Ordinary
Shares in the Company, representing 0.39 per cent. of the Company's
issued share capital and will retain approximately 50% of his
original holding in the Company following the IPO.
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 James Ockenden
----------------------------- ------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Actuary
----------------------------- ------------------------------------
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
GBP2.5902 982,686
--------
----------------------------- ------------------------------------
d) Aggregated Information Volume Price per share
Volume 982,686 GBP2.5902
Price ----------------
----------------------------- ------------------------------------
e) Date of transaction 15 October 2018
----------------------------- ------------------------------------
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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