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Direct Line Insurance Discloses Managerial Share Transactions

Story Highlights
  • Direct Line Insurance operates in the UK, offering various consumer insurance products.
  • The company disclosed share transactions by a senior executive, complying with regulatory standards.
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Direct Line Insurance Discloses Managerial Share Transactions

Direct Line Insurance ( (GB:DLG) ) has provided an update.

Direct Line Insurance Group PLC announced a transaction involving Martin Milliner, the Managing Director of Claims, who executed a series of share transactions. These transactions included the vesting and acquisition of shares granted under the DLG Restricted Shares Plan, followed by the sale of shares to cover associated costs and further sales on the London Stock Exchange. This disclosure is in compliance with the EU Market Abuse Regulation, highlighting the company’s adherence to regulatory requirements and transparency in managerial transactions.

More about Direct Line Insurance

Direct Line Insurance Group PLC operates in the insurance industry, offering a range of insurance products including car, home, travel, and pet insurance. The company focuses on providing direct-to-consumer insurance services primarily 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

Find detailed analytics on DLG stock on TipRanks’ Stock Analysis page.

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