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Hiscox Ltd (HSX)

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Monday 04 April, 2016

Hiscox Ltd

Director/PDMR Shareholding

RNS Number : 1315U
Hiscox Ltd
04 April 2016
 

Hiscox Ltd

 

(the 'Company')

 

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

 

 

Hamilton, Bermuda - Awards previously made to Directors and other PDMRs under the Company's Performance Share Plan (the 'Plan') vested on 2 April 2016.

 

The Plan specifies certain performance criteria and the participants received 100 per cent of their original awards. Under the terms of the Plan further awards over the 6.5p ordinary shares (Shares) were made which were equivalent to the rolled up dividends between the grant and vesting of the awards ('Rolled Up Dividends').

 

Nil cost options, including Rolled Up Dividends, were received by the following Directors and PDMRs and are exercisable until 1 April 2023:

 

 

Directors

Number of shares

BE Masojada

188,772

RC Watson

134,837

 

 

 

PDMRs

Number of shares

AV Brown

80,902

S Langan

107,870

PA Lawrence

53,935

 

 

 

 

Conditional share awards, including Rolled up Dividends, were received by the following PDMRs and vested immediately.

 

PDMRs

Number of shares

P-O Desaulle

53,935

J Pinchin

107,870

B Walter

80,902

 

 

 

 

The transactions took place in Switzerland and were notified to the Company today.

 

This notification is made in accordance with DTR 3.1.4R.

 

 

Jeremy Pinchin

 

Company Secretary

Hiscox Ltd

+ 1 441 278 8300


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