- Admiral Group non-executive director Penny James has stepped down from the board with effect from today following her appointment as chief financial officer of Direct Line Insurance Group.

Admiral Group chairman, Annette Court said: "On behalf of the board, I would like to thank Penny for the valuable contribution she has made since she joined the Admiral board in January 2015 and wish her well."

At 9:40am: [LON:ADM] Admiral Group PLC share price was -18.5p at 1819.5p

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