Director/PDMR Shareholding

RNS Number : 7626A

Hiscox Ltd

03 June 2021

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that on 1 June 2021, Benjamin Walter, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 120,000 Ordinary Shares of 6.5p each ("Shares"). On the same day, Mr Walter sold 63,303 Shares at a price of £7.7933 per Share to cover associated tax liabilities.

The above transactions were executed in GBP.

The notifications set out below are made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

Marc Wetherhill

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Walter
2	Reason for the notification
a)	Position/status	PDMR - CEO, Hiscox Global Retail
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 of nil-options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ nil 120,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 120,000 £ nil
e)	Date of the transaction	2021-06-01
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin Walter
2	Reason for the notification
a)	Position/status	PDMR - CEO, Hiscox Global Retail
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 to cover tax following exercise of nil-cost options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £7.7933 63,808
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 63,808 £497,274.89
e)	Date of the transaction	2021-06-01
f)	Place of the transaction	LONDON STOCK EXCHANGE, XLON

 

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