Director/PDMR Shareholding

RNS Number : 6651C

Hiscox Ltd

18 June 2019

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that Anne MacDonald and Colin Keogh, both Independent Non-Executive Directors, have elected to use all and a portion of their board fees respectively to purchase Ordinary Shares of 6.5p each in the Company ('Shares'). On 14 June 2019, pursuant to a pre-determined election, the Company arranged for the purchase of 1,448 and 868 Shares on behalf of Ms MacDonald and Mr Keogh respectively.  The Shares were all purchased at the same price of £16.733739.

The Company has been notified by Steve Langan, Chief Executive Officer, Hiscox USA, and a PDMR, that the proceeds of the June 2019 dividend were reinvested in Shares on his behalf and on behalf of a person closely associated with him resulting in the purchase of 1,437 Shares on 14 June 2018 at a price of £16.7534.

The above transactions were executed in GBP.

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	Anne MacDonald
2	Reason for the notification
a)	Position/status	Independent 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) £16.733739 1,448
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 1,448  £24,230.45
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Keogh
2	Reason for the notification
a)	Position/status	Independent 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) £16.733739 868
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 868 £14,524.89
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Langan
2	Reason for the notification
a)	Position/status	PDMR - Chief Executive Officer, Hiscox USA
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	Reinvestment of cash dividend into shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.7534 73
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 73 £1,223.00
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clare Langan
2	Reason for the notification
a)	Position/status	PCA to Steve Langan
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	Reinvestment of cash dividend into shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.7534 1,364
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 1,364 £22,851.64
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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