TIDMSBRE
RNS Number : 0061V
Sabre Insurance Group PLC
31 March 2023
31 March 2023
Sabre Insurance Group plc ("Sabre" or the "Company")
Notification of transactions of Directors, Persons Discharging
Managerial Responsibility ("PDMRs") or Connected Persons
Sabre announces that the following transactions were undertaken
by Directors and PDMRs in the ordinary shares of the Company on 30
March 2023, in connection with the maturity of the awards granted
in 2021 under Sabre's 2017 Deferred Bonus Plan ("DBP").
Each Director or PDMR deferred half of their annual bonus from
the financial year ended 31 December 2020 into the DBP. The
deferred bonus was used to purchase shares in the Company at a
price of 241.5 pence per share ("DBP award shares"), which were
then held in the Employee Benefit Trust for a two-year deferral
period. No performance conditions are attached to the DBP award
shares.
Further information on the DBP grant can be found in the
Company's Annual Report, which is available on the Company's
website www.sabreplc.co.uk
Details of the transactions following the DBP's vesting are as
follows:
Name and Job Number Number Price at Number Sabre shareholding
Title of shares of shares Vesting of shares as a % of
vested sold and Sale held in issued share
(p) the Company capital
post the
transaction
Geoff Carter
Chief Executive
Officer 69,610 33,587 111.540 1,645,340 0.65%
----------- ----------- ---------- ------------- -------------------
Anneka Kingan
Chief Risk
Officer and
Company Secretary 34,083 16,378 111.540 37,342 0.01%
----------- ----------- ---------- ------------- -------------------
Trevor Webb
Claims Director 53,231 0* n/a 1,304,568 0.52%
----------- ----------- ---------- ------------- -------------------
Adam Westwood
Chief Financial
Officer 40,947 40,947 111.540 686,267 0.28%
----------- ----------- ---------- ------------- -------------------
Matt Wright
Chief Actuary 8,094 8,094 111.540 250,000 0.10%
----------- ----------- ---------- ------------- -------------------
* Mr Webb did not sell any shares and settled the tax liability
which arose from the award's vesting, directly with the
Company.
This notification is made pursuant to Article 19 of the EU
Market Abuse Regulation.
Additional Information:
Anneka Kingan - Company Secretary
Anneka.kingan@sabre.co.uk
LEI Code: 2138006RXRQ8P8VKGV98
PDMR transaction notification
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 of GBP0.001 each
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Vesting and sale of awards to cover tax,
transaction under the Company's Deferred Bonus Plan
------------------------ -----------------------------------------
c) Price(s) and volume(s) Price per share Volume
GBP0 69,610
----------------- -------
GBP1.1154 33,587
-------
------------------------ -----------------------------------------
d) Aggregated Information Volume Price per share
Volume 69,610 GBP0
Price ------- ----------------
33,587 GBP1.1154
----------------
------------------------ -----------------------------------------
e) Date of transaction 30 March 2023
------------------------ -----------------------------------------
f) Place of transaction London Stock Exchange (XLON)
------------------------ -----------------------------------------
PDMR transaction notification
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Anneka Kingan
----------------------- ------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Risk Officer and Company Secretary
----------------------- ------------------------------------------
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 of GBP0.001 each
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Vesting and sale of awards to cover tax,
transaction under the Company's Deferred Bonus Plan
----------------------- ------------------------------------------
c) Price(s) and volume(s) Price per share Volume
GBP0 34,083
----------------- -------
GBP1.1154 16,378
-------
----------------------- -----------------------------
d) Aggregated Information Volume Price per share
Volume 34,083 GBP0
Price ------- ----------------
16,378 GBP1.1154
----------------
----------------------- -----------------------------
e) Date of transaction 30 March 2023
----------------------- -----------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------- -----------------------------
PDMR transaction notification
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 of GBP0.001 each
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Vesting of awards under the Company's
transaction Deferred Bonus Plan
------------------------- ----------------------------------------
c) Price(s) and volume(s) Price per share Volume
GBP0 53,231
-------
------------------------- ----------------------------------------
d) Aggregated Information Volume Price per share
Volume 53,231 GBP0
Price ----------------
------------------------- ----------------------------------------
e) Date of transaction 30 March 2023
------------------------- ----------------------------------------
f) Place of transaction London Stock Exchange (XLON)
------------------------- ----------------------------------------
PDMR transaction notification
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 of GBP0.001 each
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Vesting and sale of awards under the Company's
transaction Deferred Bonus Plan
----------------------- -----------------------------------------------
c) Price(s) and volume(s) Price per share Volume
GBP1.1154 40,947
-------
----------------------- -----------------------------------------------
d) Aggregated Information Volume Price per share
Volume 40,947 GBP1.1154
Price ----------------
----------------------- -----------------------------------------------
e) Date of transaction 30 March 2023
----------------------- -----------------------------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------- -----------------------------------------------
PDMR transaction notification
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Matt Wright
----------------------- -----------------------------------------------
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 of GBP0.001 each
the financial
instrument, type
of instrument
Identification GB00BYWVDP49
code
b) Nature of the Vesting and sale of awards under the Company's
transaction Deferred Bonus Plan
----------------------- -----------------------------------------------
c) Price(s) and volume(s) Price per share Volume
GBP1.1154 8,094
-------
----------------------- -----------------------------------------------
d) Aggregated Information Volume Price per share
Volume 8,094 GBP1.1154
Price ----------------
----------------------- -----------------------------------------------
e) Date of transaction 30 March 2023
----------------------- -----------------------------------------------
f) Place of transaction London Stock Exchange (XLON)
----------------------- -----------------------------------------------
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END
DSHZFLFXXXLXBBE
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