Direct Line Insurance Group PLC

Remuneration Information • Aug 27, 2015

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RNS Number : 3177X

Direct Line Insurance Group PLC

27 August 2015

DIRECT LINE INSURANCE GROUP PLC ("DLG")

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

27 August 2015

DLG announces the following changes to the interests of PDMRs in DLG's ordinary shares of 10 10/11 pence each ("Ordinary Shares").

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

On 26 August 2015, DLG granted nil-cost options to acquire Ordinary Shares under the LTIP to the following PDMRs. The number of Ordinary Shares was calculated using a market price of 351.7 pence per share, in accordance with the LTIP rules.

PDMR	Options under the LTIP before the transaction	Number of Ordinary Shares subject to option awarded	Options under the LTIP following the transaction
	A	B	A+B
Paul Geddes	1,761,975	220,415	1,982,390
John Reizenstein	1,066,455	133,409	1,199,864
Jonathan Greenwood	478,162	63,974	542,136
Mike Holliday-Williams	358,101	111,956	470,057
Simon Linares	62,486	76,769	139,255
Steve Maddock	570,904	85,299	656,203
Angela Morrison	400,437	62,695	463,132
Humphrey Tomlinson	351,410	46,592	398,002
Jose Vazquez	631,701	84,329	716,030

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 26 August 2018, subject to the achievement of performance conditions attached to the awards, and remain exercisable until 25 August 2025.

For further information on DLG's remuneration policy and implementation of the policy please see our 2014 Directors' Remuneration Report which is available at:  www.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: 

Ross Lacey

Assistant Company Secretary

Telephone: 01651 834579

This information is provided by RNS

The company news service from the London Stock Exchange

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