Director/PDMR Shareholding

RNS Number : 2140Q

Hiscox Ltd

04 June 2018

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that Richard Watson, a PDMR, on 31 May 2018, exercised nil-cost options under the Performance Share Plan to acquire 87,000 Ordinary Shares of 6.5p per share which he then sold on the same day at a price of £15.057175.

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

Marc Wetherhill

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	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	Exercise and Sale of options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.057175 87,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 87,000 £1,309,974.23
e)	Date of the transaction	31 May 2018
f)	Place of the transaction	XLON

 

END

 

 

DSHBBGDLSUGBGIS