Director/PDMR Shareholding

RNS Number : 6768M

Hiscox Ltd

17 September 2019

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that Mr Paul Lawrence, a PDMR, has sold 27,124 Ordinary Shares of 6.5p each in the Company ("Shares") on 16 September 2019, at a price of £16.50 per Share.

The Company has also been notified by Steve Langan, Chief Executive Officer, Hiscox USA, and a PDMR, that the proceeds of the September 2019 dividend were reinvested in Shares on his behalf and on behalf of a person closely associated with him resulting in the purchase of 753 Shares on 17 September 2019 at a price of £16.17 per Share.

The above transactions were executed in GBP.

The notifications made in accordance with 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	Paul Lawrence
2	Reason for the notification
a)	Position/status	PDMR - Chief Underwriting Officer, London Market
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) £16.50 27,124
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 27,124 £447,546.00
e)	Date of the transaction	2019-09-16
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) £16.17 38
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 38 £614.46
e)	Date of the transaction	2019-09-17
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	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) £16.17 715
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 715 £11,561.55
e)	Date of the transaction	2019-09-17
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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