Notification of transactions by PDMR

RNS Number : 4036Z

Hiscox Ltd

14 December 2017

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that on 13 December 2017 Steve Langan a PDMR exercised an option under the Company's Sharesave Scheme to purchase 3,523 shares in the Company at £5.108 per share. These shares were subsequently sold by Steve Langan at a price of £13.740414 per share.

The notifications 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	Steve Langan
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 purchase  of shares under the Company's Sharesave Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £5.108 3,523
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 3,523 £17,995.49
e)	Date of the transaction	13 December 2017
f)	Place of the transaction	Outside of Trading Platform

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Langan
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	Sale of shares following an exercise under the Company's sharesave scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £13.740414 3,523
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 3,523 £48,407.48
e)	Date of the transaction	13 December 2017
f)	Place of the transaction	XLON

 

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