Direct Line Insurance Group PLC

Remuneration Information • Aug 28, 2013

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RNS Number : 6908M

Direct Line Insurance Group PLC

28 August 2013

DIRECT LINE INSURANCE GROUP PLC ("DLG")

TRANSACTIONS IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRS")

28 AUGUST 2013

DLG announces the following changes to the interests of PDMRs in DLG's ordinary shares of 10 pence each ("Ordinary Shares").

Direct Line Insurance Group plc 2012 Long-Term Incentive Plan ("LTIP")

DLG was notified today of the grant of options to acquire Ordinary Shares under the LTIP to the following PDMRs in respect of the financial year ending 31 December 2013.  In accordance with the LTIP rules, the awards were granted on 28 August 2013 as nil-cost options.

PDMR	Interest in Ordinary Shares held under the LTIP before the transaction	Number of Ordinary Shares awarded	Price per Ordinary Share awarded (GBP)	Interest in Ordinary Shares under the LTIP following the transaction
	A	B		A+B
Paul Geddes	765,290	352,439	£2.1564	1,117,729
John Reizenstein	463,201	213,318	£2.1564	676,519
Rob Bailhache	109,330	46,213	£2.1564	155,543
Jamie Brown	152,658	72,369	£2.1564	225,027
Darrell Evans	177,776	86,950	£2.1564	264,726
Jonathan Greenwood	207,684	95,646	£2.1564	303,330
Sara Gomez*	23,360	29,679	£2.1564	53,039
Steve Maddock	234,117	107,819	£2.1564	341,936
Angela Morrison	162,857	83,471	£2.1564	246,328
Humphrey Tomlinson	160,982	63,017	£2.1564	223,999
Jose Vazquez	276,580	116,908	£2.1564	393,488
Tom Woolgrove	320,968	147,816	£2.1564	468,784

* Acting Human Resources Director.

DLG's policy is to make awards twice a year following the announcement of DLG's full and half-year results respectively. The awards will vest on 27 August 2016, subject to the achievement of performance conditions attached to the awards, and remain exercisable until 27 August 2023.

For further information on DLG's remuneration policy and implementation of the policy please see our 2012 Directors' remuneration report which is available at:  ara2012.directlinegroup.com.

This announcement is made in accordance with the requirements of DTR 3.1.4 R.

For any enquiries relating to this announcement, please contact:  

Ines Watson

Senior Assistant Company Secretary, GovernanceEmail:  ines.watson@directlinegroup.co.uk

Telephone:  020 8313 5997

This information is provided by RNS

The company news service from the London Stock Exchange

END

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