Director/PDMR Shareholding

RNS Number : 6810J

Hiscox Ltd

20 August 2019

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that on 15 August 2019 Mr Bronek Masojada, Executive Director, exercised 37,500 nil-cost options under the Performance Share Plan to acquire Ordinary Shares of 6.5p each ("Shares") and sold the resultant 37,500 Shares at a price of £15.7501 per Share.  

The Company has also been notified that on 15 August 2019, a person closely associated with Mr Bronek Masojada sold 37,500 Shares at an average price of £15.7534 per Share.

The Company has also been notified that on 15 August 2019 that Mrs Amanda Brown, a PDMR, exercised 86,146 nil-cost options to acquire Shares under the Performance Share Plan and sold the resultant 86,146 Shares at a price of £15.6629 per Share.  

The above transactions were executed in GBP.

The notification as required by the EU Market Abuse Regulation (EU 596/2014) is 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	Bronek Masojada
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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	Exercise and Sale of options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.7501 37,500
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 37,500 £590,628.75
e)	Date of the transaction	2019-08-15
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Brown
2	Reason for the notification
a)	Position/status	PDMR - Group Human Resources 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	Exercise and Sale of options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.6629 86,146
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 86,146 £1,349,296.18
e)	Date of the transaction	2019-08-15
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matterhorn Assets Limited
2	Reason for the notification
a)	Position/status	PCA to Bronek Masojada, Chief Executive Officer
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 Sale
c)	Price(s) and volume(s)	Price(s) Volume(s) £15.7534 37,500
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 37,500 £590,751.13
e)	Date of the transaction	2019-08-15
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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