Performance Share Plan Awards

RNS Number : 9052J

Hiscox Ltd

08 April 2010

 



Performance Share Plan Awards

HAMILTON, Bermuda; On 7 April 2010, the Board of Hiscox Ltd (the 'Company') granted awards ('Awards') over a total of 3,738,500 ordinary shares of 5p each in the Company pursuant to the Hiscox Ltd Performance Share Plan (the 'Plan'). The awards are subject to performance conditions which will be calculated over a three year period, and to the extent these are satisfied, the awards will vest and become exercisable on 7 April 2013.  No price is payable on the exercise of these awards.

Set out below are the number of ordinary shares subject to Awards granted to directors of the Company:

RRSH Hiscox         75,000

BE Masojada         250,000

RS Childs              175,000

SJ Bridges             150,000

For further information:

Charles Dupplin

Hiscox Ltd, Company Secretary

00 1 441 278 8300

 

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