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LONDON--(Business Wire)--
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating to the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a
director/person discharging managerial responsibilities should complete boxes 1
to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24
Please complete all relevant boxes in block capital letters.
1. Name of issuer
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 with LR 9.8.6 R(1) or (iii) a
disclosure made in accordance with section 793 of the Companies Act (2006).
(i)
RSA INSURANCE GROUP PLC
3. Name of person discharging managerial responsibilities / director
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
MARK GEORGE CULMER
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 interest3 6. Description of shares (including class),
debentures or derivatives or financial instruments relating to shares
HOLDING IN RESPECT OF THE PERSON NAMED IN BOX 3
Ordinary 27.5p
7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
8. State the nature of the transaction
PERSON NAMED IN BOX 3
EXERCISE AND SALE
9. Number of shares, debentures or financial instruments relating to shares acquired
10. Percentage of issued class acquired (treasury
shares of that class should not be taken into account when calculating percentage)
128,938 DEFERRED SHARES EXERCISED UNDER THE SHARE MATCHING PLAN
0.02 %
386,814 MATCHING SHARES UNDER THE SHARE MATCHING PLAN
11. Number of shares, debentures or financial instruments relating to shares disposed
12. Percentage of issued class disposed (treasuryshares
of that class should not be taken into account when calculating percentage)
211,883 ORDINARY SHARES
0.01 %
13. Price per share or value of transaction
14. Date and place of transaction
AGGREGATE EXERCISE PRICE £1
1 MARCH 2010, LONDON
SALE PRICE £1.280742 PER SHARE
15. Total holding following notification and total percentage holding following notification (any treasuryshares
should not be taken into account when calculating percentage) 16. Date issuer informed of transaction
795,698 ORDINARY SHARES
0.02 %
1 MARCH 2010
NOTE - THIS DOES NOT INCLUDE THE BENEFICIAL INTEREST IN 184,893 VOLUNTARY DEFERRED SHARES ACQUIRED UNDER THE COMPANY'S
LONG TERM INCENTIVE PLAN
If a persondischarging managerial responsibilities has been granted options by
the issuer complete the following boxes
17. Date of grant
18.
Period during which or date on which it can be exercised
N/A
N/A
19. Total amount paid (if any) for grant of the option
20.
Description of shares or debentures involved (class and
number)
N/A
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22.
Total number of shares or debentures over which options held
following notification
N/A
N/A
23. Any additional information
ON 7 APRIL 2009 ANNOUNCEMENTS WERE ISSUED IN RELATION TO THE GRANT OF AWARDS TO PDMRS UNDER THE COMPANY`S LONG TERM
INCENTIVE PLAN ("LTIP") ON 6 APRIL 2009.
DUE TO AN ADMINISTRATIVE ERROR THERE WAS A MINOR DISCREPANCY IN THE NUMBER OF COMPULSORY DEFERRED SHARES AND COMPULSORY
DEFFERRED SHARES MAXIMUM MATCH ANNOUNCED FOR THE FOLLOWING PARTICIPANTS BY ONE AND THREE SHARES RESPECTIVELY. THE TABLE
BELOW SETS OUT THE EXACT NUMBER OF AWARDS GRANTED.
NUMBER OF AWARDS GRANTED
NAME
COMPULSORY DEFERRED SHARES
COMPULSORY DEFERRED SHARES - MAXIMUM MATCH
ADRIAN BROWN
36,938
92,345
MARK CHAMBERS
60,970
152,425
MARK GEORGE CULMER
127,793
319,482
ANDREW KENNETH HASTE
219,418
548,545
ORLAGH HUNT
68,719
171,797
SIMON PHILIP GUY LEE
95,821
239,552
CLARE SHEIKH
64,913
162,282
24. Name of contact and telephone number for queries
JULIA POSSENER: 020 7111 7000
25. Name and signature of duly authorised officer of issuer responsible for making this notification
JULIA POSSENER, DEPUTY GROUP COMPANY SECRETARY
Date of notification :2 MARCH 2010
RSA Insurance Group Plc
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