Director/PDMR Shareholding

RNS Number : 0619N

Hiscox Ltd

03 August 2017

 

Hiscox Ltd

(the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')

Hamilton, Bermuda - The Company has been notified that Mrs Amanda Brown, has exercised options under the Company's Performance Share Plan and sold the resulting ordinary 6.5p shares ("Shares") in the Company, as detailed below:

·      On 31 July 2017, Mrs Brown exercised 128,240 options and sold the resulting Shares on the same day at a price of 1303.002p each.

·      On the 1 August 2017, Mrs Brown exercised 75,065 options and sold the resulting Shares on the same day at a price of 1315.297p each.

·      On 2 August 2017, Mrs Brown exercised 46,695 options and sold the resulting Shares on the same day at a price of 1356.0128p each.

As a result of the above transactions Mrs Brown has sold a total of 250,000 Shares.

The above transactions were executed in GBP.

The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) are set out below.  

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Brown
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hiscox Ltd
b)	LEI	5493007JXOLJ0QCY2D70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 6.5p each ISIN: BMG4593F1389
b)	Nature of the transaction	Exercise and sale of shares under the Company's performance share plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1303.002p 128,240
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 128,240 £1,670,969.86
e)	Date of the transaction	31 July 2017
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Brown
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hiscox Ltd
b)	LEI	5493007JXOLJ0QCY2D70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 6.5p each ISIN: BMG4593F1389
b)	Nature of the transaction	Exercise and sale of shares under the Company's performance share plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1315.297p 75,065
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 75,065 £987,325.24
e)	Date of the transaction	1 August 2017
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Brown
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hiscox Ltd
b)	LEI	5493007JXOLJ0QCY2D70
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 6.5p each ISIN: BMG4593F1389
b)	Nature of the transaction	Exercise and sale of shares under the Company's performance share plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1356.0128p 46,695
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 46,695 £633,190.16
e)	Date of the transaction	2 August 2017
f)	Place of the transaction	XLON

 

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