Director/PDMR Shareholding

RNS Number : 3336R

Hiscox Ltd

27 February 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 20,000 Ordinary Shares of 6.5p each in the Company ("Shares") on 25 February 2019, at a price of £16.405130.  

The Company has also been notified that Mr Thomas Hürlimann, Non-Executive Director, purchased 5,000 Shares on 27 February 2019, at a price of £15.795764.

The Company also announced that the Interim Dividend of 13.25 cents per share was paid on 11 September 2018 with a scrip alternative for which the reference price was £16.69 per share. On that date, Thomas Hürlimann acquired 22 Shares. This transaction was not announced at the time.

The above transactions were executed in GBP.

This notification is 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	Richard Watson
2				Reason for the notification
a)				Position/status	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	Sale of Shares
c)				Price(s) and volume(s)	Price(s) Volume(s) £16.405130 20,000
d)				Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 20,000 £328,102.60
e)				Date of the transaction	25 February 2019
f)				Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Hürlimann
2	Reason for the notification
a)	Position/status	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) £15.795764 5,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 5,000 £78,978.82
e)	Date of the transaction	27 February 2019
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Hürlimann
2	Reason for the notification
a)	Position/status	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 in accordance with the Scrip Dividend Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.69 22
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 22 £333.80
e)	Date of the transaction	11 September 2018
f)	Place of the transaction	Outside a trading venue

 

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