RSA Insurance Group PLC Director/PDMR Shareholding (2368L)
September 04 2019 - 10:00AM
UK Regulatory
TIDMRSA
RNS Number : 2368L
RSA Insurance Group PLC
04 September 2019
RSA Insurance Group plc
("the Company")
Transactions in shares by Persons Discharging Managerial
Responsibility ("PDMRs")
Ordinary Shares of GBP1.00 each
4 September 2019
The Company announces the following changes to the interests of
PDMRs in the Company's Ordinary Shares of GBP1.00 each ("Ordinary
Shares").
On 2 September 2019, the Company granted the following
Conditional Awards over Ordinary Shares under the terms of the RSA
Performance Share Plan 2014 (PSP) to Charlotte Jones at nil
cost:
Maximum No. of Performance Shares Receivable
(subject to the testing of performance conditions)
A two-year retention period is applicable to Executive
Directors' vested Performance Shares.
190,360 - vesting date 2 September 2022
72,778 - vesting date 3 March 2020(1)
77,504 - vesting date 2 March 2021(1)
No. of Restricted Shares Awarded
21,415 - vesting date 3 September 2019 (1,3,4)
8,695 - vesting date 3 March 2020(1)
49,149 - vesting date 2 March 2021(1,2)
42,831 - vesting in three equal tranches on 3 March 2020,
2 March 2021 and 8 March 2022(1,2)
Notes:
(1) Awarded to compensate awards forfeited on leaving previous
employer, in accordance with the Directors' Remuneration Policy.
Details will be disclosed in the Directors' Remuneration
Report.
(2) A six month retention period is applicable from the vesting
date of the award.
(3) Shares sold to cover statutory deductions were sold at a
price of GBP5.246 per share on 3 September 2019.
(4) Shares retained have been transferred to the Equatex nominee
account operated by RSA as part of the share plan administration
system.
The forms required under the EU Market Abuse Regulation
follow.
1. Details of PDMR / Closely Associated Person ("CAP")
a) Name Charlotte Jones
------------------------------ -------------------------------------------------
b) Position / status Group Chief Financial Officer
------------------------------ -------------------------------------------------
c) Initial notification Initial Notification
/ amendment
------------------------------ -------------------------------------------------
2. Details of the issuer
---------------------------------------------------------------------------------
a) Name RSA Insurance Group plc
------------------------------ -------------------------------------------------
b) LEI 549300HOGQ7E0TY86138
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Performance Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to vest
on 2 September 2022 subject to the testing
of performance conditions.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 190,360
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
190,360
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Performance Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest on 3 March 2020 subject
to the testing of performance conditions.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 72,778
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
72,778
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Performance Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest on 2 March 2021 subject
to the testing of performance conditions.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 77,504
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
77,504
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Restricted Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest on 3 September 2019.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 21,415
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
21,415
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Restricted Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest on 3 March 2020.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 8,695
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
8,695
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Restricted Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest on 2 March 2021.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 49,149
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
49,149
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
3. 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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Grant of Restricted Shares over Ordinary
transaction Shares under the terms of the RSA Performance
Share Plan 2014 (PSP) at nil cost to compensate
awards forfeited on leaving previous employer
which will vest in three equal tranches
on 3 March 2020, 2 March 2021 and 8 March
2022.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 42,831
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
42,831
NIL
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 2 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
Details of the transaction(s): section to be repeated for
3. (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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Vesting of Restricted share award granted
transaction on 2 September 2019 over Ordinary Shares
under the terms of the RSA Performance Share
Plan 2014 (PSP).
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) NIL 21,415
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
21,415
NIL
* Price NIL
------------------------------ -------------------------------------------------
e) Date of the transaction 3 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ -------------------------------------------------
Details of the transaction(s): section to be repeated for
3. (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 Ordinary Shares of GBP1 each
the financial ISIN: GB00BKKMKR23
instrument
------------------------------ -------------------------------------------------
b) Nature of the Sale of shares to cover statutory deductions
transaction on share awards vested on 3 September 2019
under the RSA Performance Share Plan 2014.
------------------------------ -------------------------------------------------
c) Price(s) and Price(s) per unit Volume(s)
volume(s) GBP5.246 10,096
----------
------------------------------ -------------------------------------------------
d) Aggregated information
* Aggregated volume
10,096
GBP5.246
* Price
------------------------------ -------------------------------------------------
e) Date of the transaction 3 Sep 2019
------------------------------ -------------------------------------------------
f) Place of the XLON: London Stock Exchange
transaction
------------------------------ -------------------------------------------------
Enquiries to:
Chris Smyth, Deputy Group Company Secretary
RSA Insurance Group plc
Tel: +44 (0) 20 7111 7000
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
DSHGMGGLFDMGLZM
(END) Dow Jones Newswires
September 04, 2019 10:00 ET (14:00 GMT)
Rsa Insurance Group Ld (LSE:RSA)
Historical Stock Chart
From Apr 2024 to May 2024
Rsa Insurance Group Ld (LSE:RSA)
Historical Stock Chart
From May 2023 to May 2024