Close Period Share Buy-Back

RNS Number : 9216X

Hiscox Ltd

30 June 2008

 



Hiscox Ltd

Close Period Share Repurchase Programme

Hiscox Ltd announces that it has entered into an irrevocable, non-discretionary programme to purchase shares on its own behalf, to be placed into treasury, during its close period. The programme commences on 1 July 2008 and runs up to and including 17 August 2008.

Any purchases will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 105 per cent of the average middle market closing price of the Company's shares for the 5 dealing days preceding the date of purchase. The Company confirms that it currently has no unpublished price sensitive information. 

Further enquiries:

Hiscox Ltd
Robin Mehta, Company Secretary	[phone]
Jennifer Crowl, Director of Communications, London	[phone]
Maitland
Suzanne Bartch	[phone]
Richard Farnsworth	[phone]

 

END

 

 

MSCMGGFVKGLGRZM