2 Aug 2013 15:00
Direct Line Insurance Group plc (DLG)
Buy As You Earn Plan ("BAYE")
Date: 2 August 2013
DLG was notified on 1 August 2013 that on 29 July 2013 the following persons discharging managerial responsibilities ('PDMRs') purchased ordinary shares in DLG ('Shares'), and was allocated one ordinary share for every two shares purchased free of charge ('Matching Shares') under the BAYE.This was a non-discretionary transaction.
PDMR | Shares held before the transaction | No. of Shares purchased | Price per share purchased (GBP) | No. of Matching Shares acquired | Shares held following the transaction |
A | B | C | A+B+C | ||
Robert Bailhache | 224 | 56 | £2.242 | 28 | 308 |
Darrell Evans | 354 | 44 | £2.242 | 22 | 420 |
Jonathan Greenwood | 407 | 56 | £2.242 | 28 | 491 |
Steven Maddock | 407 | 56 | £2.242 | 28 | 491 |
John Reizenstein | 407 | 56 | £2.242 | 28 | 491 |
Thomas Woolgrove | 500 | 55 | £2.242 | 27 | 582 |
The BAYE is an HMRC-approved Share Incentive Plan under which qualifying UK employees are able to purchase ordinary shares of 10p each in the Company out of monthly deductions from salary and are allocated Matching Shares as described above.
This announcement is made in accordance with the requirements of DTR 3.1.4 R.
For any enquiries relating to this announcement, please contact:
Ines WatsonSenior Assistant Company Secretary, GovernanceEmail: ines.watson@directlinegroup.co.uk
Telephone: 020 8313 5997
Direct Line (DLG)