Director/PDMR Shareholding
Sabre Insurance Group PLC announced that its Remuneration Committee confirmed that performance conditions for the 2023 Long Term Incentive Plan awards were met, resulting in 100% vesting. Directors and Persons Discharging Managerial Responsibility (PDMRs) transacted ordinary shares on April 7, 2026, selling a portion to cover tax liabilities arising from the vesting of awards valued at £1.596799 per share. For example, Geoff Carter, CEO, had 314,371 shares vest and sold 148,146 shares, retaining 1,966,777 shares. Similar transactions occurred for Anneka Kingan, Trevor Webb, Adam Westwood, and Matt Wright, with their post-transaction shareholdings representing varying percentages of the issued share capital.
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Sabre announces that the following transactions were undertaken by Directors and PDMRs in the ordinary shares of the Company on 7 April 2026, in connection with the maturity of the awards granted in 2023 under Sabre's 2017 Long Term Incentive Plan ("LTIP").
Sabre's Remuneration Committee resolved that the pre-determined underpins had been met, and therefore the awards will vest at 100%. It is noted that the vested shares have a further two-year holding period, however participants were able to sell shares to cover the tax liability which arose on vesting.
Further information on the LTIP grant and performance against its pre-determined underpins can be found in the Company's Annual Report, which is available on the Company's website www.sabreplc.co.uk.
Details of the transactions following the DBP's vesting are as follows:
| Name and Job Title | Number of shares vested | Number of shares sold | Price at Vesting and Sale (p) | Number of shares held in the Company post the transaction | Sabre shareholding as a % of issued share capital |
|---|---|---|---|---|---|
| Geoff Carter Chief Executive Officer | 314,371 | 148,146 | 159.6799 | 1,966,777 | 0.80% |
| Anneka Kingan Chief Risk & Governance Officer | 121,197 | 57,164 | 159.6799 | 156,233 | 0.06% |
| Trevor Webb Claims Director | 195,745 | 92,280 | 159.6799 | 1,497,614 | 0.61% |
| Adam Westwood Chief Financial Officer | 153,587 | 72,426 | 159.6799 | 852,307 | 0.35% |
| Matt Wright Chief Actuary | 126,161 | 59,505 | 159.6799 | 382,894 | 0.16% |
This notification is made pursuant to Article 19 of the EU Market Abuse Regulation.
Additional Information:
Anneka Kingan - Company Secretary
PDMR transaction notification
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Geoff Carter |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Sabre Insurance Group Plc |
| b) | LEI | 2138006RXRQ8P8VKGV98 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.001 each |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Vesting and sale of awards to cover tax, under the Company's Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price per share Volume £0 314,371 £1.596799 148,146 |
| d) | Aggregated Information Volume Price | Volume Price per share 314,371 £0 148,146 £1.596799 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
| PDMR transaction notification | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Anneka Kingan |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Risk and Governance Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Sabre Insurance Group Plc |
| b) | LEI | 2138006RXRQ8P8VKGV98 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.001 each |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Vesting and sale of awards to cover tax, under the Company's Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price per share Volume £0 121,197 £1.596799 57,164 |
| d) | Aggregated Information Volume Price | Volume Price per share 121,197 £0 57,164 £1.596799 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
| PDMR transaction notification | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Trevor Webb |
| 2 | Reason for the notification | |
| a) | Position/status | Claims Director |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Sabre Insurance Group Plc |
| b) | LEI | 2138006RXRQ8P8VKGV98 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.001 each |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Vesting and sale of awards to cover tax, under the Company's Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price per share Volume £0 195,745 £1.596799 92,280 |
| d) | Aggregated Information Volume Price | Volume Price per share 195,745 £0 92,280 £1.596799 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
| PDMR transaction notification | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Adam Westwood |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Sabre Insurance Group Plc |
| b) | LEI | 2138006RXRQ8P8VKGV98 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.001 each |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Vesting and sale of awards to cover tax, under the Company's Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price per share Volume £0 153,587 £1.596799 72,426 |
| d) | Aggregated Information Volume Price | Volume Price per share 153,587 £0 72,426 £1.596799 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
| PDMR transaction notification | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Matt Wright |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Actuary |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Sabre Insurance Group Plc |
| b) | LEI | 2138006RXRQ8P8VKGV98 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.001 each |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Vesting and sale of awards to cover tax, under the Company's Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price per share Volume £0 126,161 £1.596799 59,505 |
| d) | Aggregated Information Volume Price | Volume Price per share 126,161 £0 59,505 £1.596799 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
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