Admiral Group PLC Admiral Group Plc : Director/Pdmr Shareholding
October 05 2017 - 11:11AM
UK Regulatory
TIDMADM
Admiral Group plc (the "Company")
5 October 2017
This disclosure relates to transactions of which notification is
required under DTR 3.1.2 and Article 19 of the Market Abuse Regulation.
On 22 September 2014, the following individuals were awarded shares
under the Company's Discretionary Free Share Scheme:
Milena Mondini de Focatiis (Head of European Insurance), a person
discharging managerial responsibility within the Company.
Cristina Nestares (CEO UK Insurance) a person discharging managerial
responsibility within the Company.
50% of the awards for Milena Mondini de Focatiis and Cristina Nestares
were subject to the Company's performance conditions from 1 January 2014
to 31 December 2016.
On 3 October 2017, the Company was notified of the following
transactions:
Milena Mondini de Focatiis was awarded 35,000 shares, of which 17,500
have vested in accordance with the Company's performance conditions.
8,225 were sold between 22 and 29 September 2017 at GBP18.0454 and 9,275
have been retained.
Cristina Nestares was awarded 35,000 shares, of which 17,500 have vested
in accordance with the Company's performance conditions. 8,225 were
sold between 22 and 29 September 2017 at GBP18.0454 and 9,275 have been
retained.
Mark Waters
Company Secretary
Admiral Group plc
LEI 213800FGVM7Z9EJB2685
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Admiral Group PLC via Globenewswire
http://www.admiralgroup.co.uk
(END) Dow Jones Newswires
October 05, 2017 11:11 ET (15:11 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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