Director/PDMR Shareholding

RNS Number : 0135B

Hiscox Ltd

10 April 2012

 

Hiscox Ltd

(the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities

Hamilton, Bermuda - On 7 April 2012 awards previously made to the Executive Directors on 7 April 2009 over the 5p ordinary shares under the Company's Performance Share Plan (the 'Plan') vested. The Plan specifies certain performance criteria and, as a result, participants received 85 per cent of their original awards. Under the terms of the Plan the Executive Directors also received further nil cost awards over the 5p ordinary shares equivalent to the rolled up dividends between grant and vesting ('Rolled Up Dividends').

The Executive Directors received the following Rolled Up Dividends which are exercisable until 7 April 2019:

Director	Rolled Up Dividends
RRS Hiscox	4,677
BE Masojada	25,725
SJB Bridges	21,048
RS Childs	18,709

This notification is made in accordance with DTR 3.1.4R (1) (a).

Charles Dupplin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

Date: 10 April 2012

 

END

 

 

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