Director/PDMR Shareholding

RNS Number : 0560F

Hiscox Ltd

05 March 2020

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that on 2 March 2020, Michael Krefta, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 118,855 Ordinary Shares of 6.5p each ("Shares"). On the same day, Mr Krefta sold 25,439 and 18,674 Shares each in the Company at a price of £12.7758 and £12.7207 per Share, respectively.

The Company also announces that on 3 March 2020, Colin Keogh, Independent Non-Executive Director, purchased 2,100 Shares in the Company at a price of £12.11495 per Share.

The Company also announces that on 4 March 2020, Hamayou Akbar Hussain, PDMR, purchased 1,300 Shares in the Company at a price of £12.21833 per Share.

The above transactions were executed in GBP.

The notification as required by the EU Market Abuse Regulation (EU 596/2014) is 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	Michael Krefta
2	Reason for the notification
a)	Position/status	PDMR - Chief Executive Officer, Hiscox Re & ILS
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 of nil-options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ nil 118,855
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 118,855 £ nil
e)	Date of the transaction	2020-03-02
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Krefta
2	Reason for the notification
a)	Position/status	PDMR - Chief Executive Officer, Hiscox Re & ILS
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 following exercise of nil-cost options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £12.7758 25,439
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 25,439 £325,003.58
e)	Date of the transaction	2020-03-02
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Krefta
2	Reason for the notification
a)	Position/status	PDMR - Chief Executive Officer, Hiscox Re & ILS
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 following exercise of nil-cost options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £12.7207 18,674
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 18,674 £237,546.35
e)	Date of the transaction	2019-03-02
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Keogh
2	Reason for the notification
a)	Position/status	PDMR - Independent Non-Executive Director
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	Share purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £12.11495 2100
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price Total Price 2100 £12.11495 £25,441.40
e)	Date of the transaction	2020-03-03
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hamayou Akbar Hussain
2	Reason for the notification
a)	Position/status	PDMR - Chief Financial 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	Share purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £12.21833 1,300
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 1,300 £15,894.33
e)	Date of the transaction	4 March 2020
f)	Place of the transaction	LONDON STOCK EXCHANGE (XLON)

 

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