Direct Line Insurance ( (GB:DLG) ) has provided an update.
Direct Line Insurance Group PLC has announced share awards to two key executives, Jane Poole and Maz Bown, following their appointments as Chief Financial Officer and Chief Risk Officer, respectively. These awards are compensatory measures for remuneration arrangements forfeited upon leaving their previous employers and are consistent with the company’s Directors’ Remuneration Policy. The awards will vest in three tranches and accrue dividend equivalent shares until vesting, reflecting the company’s commitment to aligning executive compensation with shareholder interests.
More about Direct Line Insurance
Direct Line Insurance Group PLC operates in the insurance industry, offering a range of insurance products including motor, home, travel, and pet insurance. The company focuses on providing direct-to-consumer insurance services in the UK market.
YTD Price Performance: 11.13%
Average Trading Volume: 9,236,385
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.67B
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