Director/PDMR Shareholding

RNS Number : 4065O

Hiscox Ltd

01 October 2019

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that Mr Richard Watson, Executive Director, has sold 30,000 Ordinary Shares of 6.5p each in the Company ('Shares') on 27 September 2019, at a price of £16.506 per Share.  

The Company also announces that Anne MacDonald and Colin Keogh, both Independent Non-Executive Directors, have elected to use all and a portion of their board fees respectively to purchase Shares. On 30 September  2019, pursuant to the pre-determined election, the Company arranged for the purchase of 1,508 and 904 Shares on behalf of Ms MacDonald and Mr Keogh, respectively.  The Shares were purchased at the same price of £16.510908 per Share.

The above transactions were executed in GBP.

The notifications made in accordance with 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	PDMR - 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	Share sale
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.506 30,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 30,000 £495,180.00

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anne MacDonald
2	Reason for the notification
a)	Position/status	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) £16.510908 1,508
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 1,508 £24,898.45
e)	Date of the transaction	30 September  2019
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Keogh
2	Reason for the notification
a)	Position/status	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) £16.510908 904
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 904 £14,925.86
e)	Date of the transaction	30 September  2019
f)	Place of the transaction	XLON

 

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