RNS Number : 0277B
Hastings Group Holdings plc
04 January 2018
 

Director/PDMR Shareholding

 

FOR IMMEDIATE RELEASE

 

4 January 2018

 

Hastings Group Holdings plc

 

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility ("PDMRs")

 

On 31 December 2017, the first tranche of the conditional awards over ordinary shares of 2 pence each in Hastings Group Holdings plc (the "Company") that were granted at the time of the Company's IPO to certain employees ("Admission Awards") vested.

 

Details of the number of vested Shares, net of relevant tax and social security charges, to which each PDMR is entitled, are detailed below.

 

Name

Position

Net Number of Shares

Gary Hoffman

Chief Executive Officer

124,553

Richard Hoskins

Chief Financial Officer

83,035

Tobias Van der Meer

MD Retail, Hastings Insurance Services Limited

83,035

Edward Biemer

MD, Advantage Insurance Company Limited

66,428

 

This notification is made in accordance with the requirements of the Market Abuse Regulation.

Tony Leppard
Group Company Secretary
cosec@hastingsplc.com

Louise Underwood
Director of Investor Relations
T: +44 (0)1424 738011 ir@hastingsplc.com

Instinctif Partners
+44 (0) 207 457 2020
Giles Stewart



 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary Hoffman

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hastings Group Holdings plc

b)

LEI

           

213800NEVE8DLWEL2Y16

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each

 

 

ISIN: GB00BYRJH519

b)

Nature of the transaction

Vesting of the first tranche of conditional awards granted as an "Admission Award" net of tax and social security charges

c)

Price(s) and volume(s)

 

124,553 shares

 

£N/A

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

124,553 shares

 

£N/A

e)

Date of the transaction

31 December 2017

f)

Place of the transaction

Outside a trading venue

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Hoskins

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hastings Group Holdings plc

b)

LEI

           

213800NEVE8DLWEL2Y16

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each

 

 

ISIN: GB00BYRJH519

b)

Nature of the transaction

Vesting of the first tranche of conditional awards granted as an "Admission Award" net of tax and social security charges

c)

Price(s) and volume(s)

 

83,035 shares

 

£N/A

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

83,035 shares

 

£N/A

e)

Date of the transaction

31 December 2017

f)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tobias Van der Meer

2

Reason for the notification

a)

Position/status

Managing Director of Retail, Hastings Insurance Services Limited

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hastings Group Holdings plc

b)

LEI

           

213800NEVE8DLWEL2Y16

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each

 

 

ISIN: GB00BYRJH519

b)

Nature of the transaction

Vesting of the first tranche of conditional awards granted as an "Admission Award" net of tax and social security charges

c)

Price(s) and volume(s)

 

83,035 shares

 

£N/A

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

83,035 shares

 

£N/A

e)

Date of the transaction

31 December 2017

f)

Place of the transaction

Outside a trading venue

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Edward Biemer

2

Reason for the notification

a)

Position/status

MD, Advantage Insurance Company Limited

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hastings Group Holdings plc

b)

LEI

           

213800NEVE8DLWEL2Y16

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 2 pence each

 

 

ISIN: GB00BYRJH519

b)

Nature of the transaction

Vesting of the first tranche of conditional awards granted as an "Admission Award" net of tax and social security charges

c)

Price(s) and volume(s)

 

66,428 shares

 

£N/A

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

66,428 shares

 

£N/A

e)

Date of the transaction

31 December 2017

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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