Direct Line Insurance Group PLC has disclosed transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them. Neil Manser, Chief Financial Officer, vested and acquired 50,476 shares and sold 23,784 shares. Jasvinder Gakhal, Managing Director, Motor, vested and acquired 30,347 shares and sold 14,299 shares. Kate Syred, Chief Customer Officer, vested and acquired 56,606 shares and sold 26,672 shares. Humphrey Tomlinson, General Counsel, also had transactions related to the vesting, acquisition, and sale of shares.
The transactions were related to the vesting of shares granted in March 2021 under the DLG Deferred Annual Incentive Plan (DAIP) and involved the acquisition and sale of shares to cover the costs of exercise, including tax and dealing costs. The transactions took place off-market and on the London Stock Exchange (XLON) on various dates in March 2024.
The notification complies with the requirements of the EU Market Abuse Regulation and provides transparency regarding the transactions by PDMRs and persons closely associated with them at Direct Line Insurance Group PLC.