Director/PDMR Shareholding

RNS Number : 8772R

Hiscox Ltd

14 December 2016

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified by Mr Richard Watson, a Director, that he has sold a total of 50,000 Ordinary Shares of 6.5p per share ("Shares") comprising 21,769 Shares sold on 12 December and 28,231 Shares sold on 13 December 2016. All sales were made at the same price of 1010p.

The transactions were executed in GBP. The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is set out below.

Following these transactions Mr Watson remains interested in 700,000 Ordinary Shares.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Watson
2	Reason for the notification
a)	Position/status	Director and Chief Underwriting Officer
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	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1010p 21,769
d)	Aggregated information - Aggregated volume - Price	21,769 £219,866.90 (aggregate price)
e)	Date of the transaction	12 December 2016
f)	Place of the transaction	XLON
5	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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1010p 28,231
d)	Aggregated information - Aggregated volume - Price	28,231 £285,133.10 (aggregate price)
e)	Date of the transaction	13 December 2016
f)	Place of the transaction	XLON

 

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