Director/PDMR Shareholding
Sabre Insurance Group PLC announced on April 8, 2026, that several directors and persons discharging managerial responsibilities (PDMRs) were granted conditional awards of ordinary shares under the company's Long Term Incentive Plan on April 7, 2026. The Chief Executive Officer received 264,038 shares, the Chief Risk and Governance Officer received 115,919 shares, the Claims Director received 164,404 shares, the Chief Financial Officer received 128,997 shares, and the Chief Actuary received 128,997 shares, all at a price of £1.553 per share. These awards vest on the third anniversary of their grant and are subject to a further two-year retention period, contingent upon the group maintaining a solvency coverage ratio above 140%, achieving a Return On Tangible Equity exceeding 10%, and avoiding material regulatory intervention.
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The Company announces that on 7 April 2026 the following directors and PDMRs of the Company were, subject to the rules of the Sabre 2017 Long Term Incentive Plan, each granted a conditional award (the 'LTIP Award') of ordinary shares of £0.001 in the Company as detailed below:
| Name | Position | Number of shares subject to award |
|---|---|---|
| Geoff Carter | Chief Executive Officer | 264,038 |
| Anneka Kingan | Chief Risk and Governance Officer | 115,919 |
| Trevor Webb | Claims Director | 164,404 |
| Adam Westwood | Chief Financial Officer | 128,997 |
| Matt Wright | Chief Actuary | 128,997 |
The awards will vest on the third anniversary of their grant, and are subject to an additional retention period of two years, commencing on the awards' vesting date.
The vesting of the awards will be subject to the following underpins:
- that the solvency coverage ratio of the Group (being the ratio of the Group's Solvency II net assets to its Solvency Capital Requirement, calculated before the final dividend is paid, expressed as a percentage) is maintained in excess of 140% over the LTIP Period;
- that the Group has achieved a Return On Tangible Equity (being the ratio of the Group's adjusted profit after tax to its average tangible equity, expressed as a percentage) in excess of 10% for each full reporting period which falls within the LTIP Period;
- that there has been no material intervention by a regulatory authority either initiated during the LTIP Period or related to it, that results in a Group Member being required by the relevant authority to undertake actions or remedial measures; and
- overall Committee discretion.
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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Grant of conditional award |
| c) | Price(s) and volume(s) | Price per share Volume £1.553 264,038 |
| d) | Aggregated Information Volume Price | Volume Price per share 264,038 £1.553 |
| 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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Grant of conditional award |
| c) | Price(s) and volume(s) | Price per share Volume £1.553 115,919 |
| d) | Aggregated Information Volume Price | Volume Price per share 115,919 £1.553 |
| 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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Grant of conditional award |
| c) | Price(s) and volume(s) | Price per share Volume £1.553 164,404 |
| d) | Aggregated Information Volume Price | Volume Price per share 164,404 £1.553 |
| 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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Grant of conditional award |
| c) | Price(s) and volume(s) | Price per share Volume £1.553 128,997 |
| d) | Aggregated Information Volume Price | Volume Price per share 128,997 £1.553 |
| 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 | A non-transferable conditional award of ordinary shares in the Company under the Sabre 2017 Long-Term Incentive Plan. No consideration will be paid by the PDMR on the grant or vesting of the conditional award. |
| Identification code | GB00BYWVDP49 | |
| b) | Nature of the transaction | Grant of conditional award |
| c) | Price(s) and volume(s) | Price per share Volume £1.553 128,997 |
| d) | Aggregated Information Volume Price | Volume Price per share 128,997 £1.553 |
| e) | Date of transaction | 7 April 2026 |
| f) | Place of transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.