RNS Number : 3358K
Hastings Group Holdings plc
09 April 2018
 

 

Director/PDMR Shareholding

 

FOR IMMEDIATE RELEASE

 

9 April 2018

 

Hastings Group Holdings plc

 

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

On 6 April 2018, conditional awards over ordinary shares of £0.02 pence in Hastings Group Holdings plc (the "Company") were granted to the following PDMRs under the Hastings 2015 Bonus Deferral Plan (the "Awards") as follows:

Name

Position

Number of shares subject to Award

Gary Hoffman

Director (formerly CEO)

Tobias van der Meer

CEO

Richard Hoskins

CFO

Edward Biemer

MD, Advantage Insurance Company Ltd

 

No consideration was paid for the grant of the Awards which are in relation to the deferred element of 2017 annual bonus awards. The Awards will vest on 16 March 2021.

The number of shares subject to the Award was determined by using the average mid-market closing price of the Company's ordinary shares, obtained via FactSet, over the five consecutive dealing days beginning with the dealing day on which the Company made a preliminary announcement of its results for the Financial Year ended 31 December 2017, which was £2.7332 pence per share.

The above information is disclosed pursuant to article 19 of the Market Abuse Regulation.

Hastings Group
+44 (0) 142 473 8220

Tony Leppard, Company Secretary

 

Instinctif Partners
+44 (0) 207 457 2020

Giles Stewart

 


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