Performance Share Plan Awards

RNS Number : 9052J
Hiscox Ltd
08 April 2010
 



Performance Share Plan Awards

 

 

HAMILTON, Bermuda; On 7 April 2010, the Board of Hiscox Ltd (the 'Company') granted awards ('Awards') over a total of 3,738,500 ordinary shares of 5p each in the Company pursuant to the Hiscox Ltd Performance Share Plan (the 'Plan'). The awards are subject to performance conditions which will be calculated over a three year period, and to the extent these are satisfied, the awards will vest and become exercisable on 7 April 2013.  No price is payable on the exercise of these awards.

 

Set out below are the number of ordinary shares subject to Awards granted to directors of the Company:

 

RRSH Hiscox         75,000

BE Masojada         250,000

RS Childs              175,000

SJ Bridges             150,000

 

For further information:

 

Charles Dupplin

Hiscox Ltd, Company Secretary

00 1 441 278 8300

 

 

                      


This information is provided by RNS
The company news service from the London Stock Exchange
 
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