esure Group plc Director/PDMR Shareholding (8522K)
December 18 2018 - 7:24AM
UK Regulatory
TIDMESUR
RNS Number : 8522K
esure Group plc
18 December 2018
18 December 2018
esure Group plc
Notification of Transactions of Directors, Person Discharging
Managerial Responsibilities ("PDMRs")
The information contained in this notification is disclosed in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulation.
Court sanction of Scheme of Arrangement
esure Group plc (the "Company") announces that, on 17 December
2018, pursuant to the Court sanctioning the Scheme of Arrangement
by which the Company's entire issued share capital will be acquired
by Blue (BC) Bidco Limited, a wholly-owned subsidiary of funds
advised by Bain Capital Private Equity, LP and its affiliates, the
following PDMR has exercised share awards granted under the esure
Group plc 2016 Strategic Leadership Plan ("SLP"), the esure Group
plc 2016 Deferred Bonus Plan ("DBP"), the esure Group plc 2016
Restructuring Award Plan ("RAP") and share options under the esure
Sharesave Plan 2013 ("SAYE").
1. Details of PDMR / person closely associated with them ("PCA")
a) Name Darren Ogden
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2. Reason for the notification
------------------------------------------------------------------------------------
a) Position / status Interim Chief Executive Officer
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b) Initial notification Initial notification
/ amendment
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3. Details of the Issuer
------------------------------------------------------------------------------------
a) Name esure Group plc
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b) LEI 213800KOI3F5LM54PT80
------------------------------ ----------------------------------------------------
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 esure Group plc ordinary shares of 1/12
the financial instrument pence.
ISIN: GB00B8KJH563
Acquisition of:
(i) 297,656 share awards following the
vesting of an award granted under the
SLP in June 2016 (grant date 14 June 2016);
(ii) 201,517 share awards following the
vesting of an award granted under the
SLP in March 2017 (grant date 20 March
2017);
(iii) 61,971 share awards following the
vesting of an award granted under the
SLP in March 2018 (grant date 20 March
2018);
(iv) 33,095 share awards following the
vesting of an award granted under the
DBP in March 2017 (grant date 20 March
2017);
(v) 37,721 share awards following the
vesting of an award granted under the
DBP in March 2018 (grant date 20 March
2018);
(vi) 518,349 share awards following the
vesting of an award granted under the
RAP in November 2016 (grant date 10 November
2016); and
(vii) 7,200 ordinary shares awards following
exercise of options granted under the
SAYE in December 2016 (grant date 29 December
2016).
------------------------------ ----------------------------------------------------
b) Nature of the transaction Acquisition of ordinary Shares
------------------------------ ----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil consideration 1,157,509
----------
------------------------------ ----------------------------------------------------
d) Aggregated information
* Aggregated volume N/a
* Price
------------------------------ ----------------------------------------------------
e) Date of the transaction 17 December 2018
------------------------------ ----------------------------------------------------
f) Place of the transaction London Stock Exchange, XLON
------------------------------ ----------------------------------------------------
Enquiries:
Alice Rivers, Company Secretary
Tel: 01737 235504
18 December 2018
esure Group plc is listed on the London Stock Exchange
(ESUR)
Registered Office: The Observatory, Reigate, Surrey RH2 0SG
Registered in England and Wales with registered number:
7064312
LEI: 213800KOI3F5LM54PT80
ISIN: GB00B8KJH563
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHUWUURWUAUAAA
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