Direct Line Insurance Group PLC

Director's Dealing • Mar 31, 2015

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RNS Number : 0117J

Direct Line Insurance Group PLC

31 March 2015

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.	Name of the issuer DIRECT LINE INSURANCE GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). (i)
3.	Name of person discharging managerial responsibilities/director PAUL GEDDES	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non beneficial interest AS IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY SHARES OF 10 PENCE EACH
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them PAUL GEDDES	8.	State the nature of the transaction Sale of 24,565 ordinary shares at £3.233949 per share effected to meet an immediate tax and national insurance liability, which arose on the release of 51,060 ordinary shares awarded under the Deferred Annual Incentive Plan (DAIP). The 51,060 shares reflect a further vesting of 37,704 shares out of the total of 188,522 shares awarded to Mr Geddes on 28 March 2013 under the DAIP and 13,356 shares added by way of dividend equivalent in accordance with the rules of the DAIP. Mr Geddes has retained 26,495 ordinary shares.
9.	Number of shares, debentures or financial instruments relating to shares acquired 26,495 ORDINARY SHARES	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
11.	Number of shares, debentures or financial instruments relating to shares disposed 24,565 ORDINARY SHARES	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) NEGLIGIBLE
13.	Price per share or value of transaction £3.233949	14.	Date and place of transaction 30 MARCH 2015
15.	Date issuer informed of transaction 31 MARCH 2015

Name of authorised official of issuer responsible for making notification

Roger Clifton, Company Secretary

Date of notification: 31 MARCH 2015

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