Direct Line Insurance Group PLC has disclosed transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them, in accordance with the UK Market Abuse Regulation. The PDMRs involved in the transactions include Jasvinder Gakhal, Jonathan Greenwood, Ashish Jokhoo, Neil Manser, Kate Syred, and Humphrey Tomlinson, each holding significant positions within the company.
The transactions involved the purchase of ordinary shares of 10 10/11 pence ("Shares") and the allocation of one Share for every two Shares purchased under the Buy As You Earn Plan. The transactions were non-discretionary and involved the purchase of Partnership Shares and the acquisition of Matching Shares for each PDMR. The transactions took place on 29 January 2024 at The London Stock Exchange (XLON).
The aggregated information for the transactions includes the prices and volumes of the shares purchased by each PDMR. For example, Jasvinder Gakhal purchased 73 Partnership Shares at a price of £1.70596 and acquired 37 Matching Shares at Nil cost. The other PDMRs also made similar transactions, with varying volumes and prices.
For any enquiries relating to this announcement, Roger Clifton, the Company Secretary, can be contacted. The disclosure provides transparency regarding the transactions made by PDMRs and persons closely associated with them, ensuring compliance with regulatory requirements and market transparency.