Direct Line Announces Director Share Dealings
Why we think this is neutral
This RNS announcement is a routine notification of director share dealings, which does not contain any significant business updates or financial information. As a result, the overall sentiment is neutral.
Key Points
- Chief Risk Officer Maz Bown has vested 78,898 shares and sold 37,919 shares to cover costs
- Bown has also vested 9,700 shares and sold 4,662 shares on a separate date
Summary
The insurance group has disclosed transactions by a senior executive involving the vesting and sale of company shares.
Direct Line Insurance Group plc (DLG) has announced details of share transactions by Maz Bown, the Chief Risk Officer and a PDMR. The transactions involve the vesting of shares granted under the company's Restricted Shares Plan, the acquisition of the vested shares, and the subsequent sale of a portion of those shares to cover exercise costs and taxes.
DIRECTOR DEALINGS