RNS Number : 2666N
Hiscox Ltd
28 September 2021
Hiscox
Ltd
(the Company')
Notification
of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton,
Bermuda - On 3 August 2021, the Company announced that that it would be offering a scrip dividend alternative to shareholders in
connection with the interim dividend of 11.5 cents per share payable on 22 September2021. On 7 September 2021,the Company announced the reference price for the scrip dividend alternative of 929.52.
The
Company has been notified that the undernotedDirectors, PDMRs or persons closelyassociated with them ('PCAs'), acquired the numbers of 6.5p ordinary shares stated below:
|
Name
|
Position
|
Number
ofshares
|
|
Thomas
Huerlimann
|
Independent
Non-ExecutiveDirector
|
141
|
|
AnneMacDonald
|
Independent
Non-ExecutiveDirector
|
358
|
|
AdamMasojada
|
PCA
of
BEMasojada-HiscoxGroupCEO
|
30
|
|
Jane
Masojada
|
PCA
of
BEMasojada-HiscoxGroupCEO
|
24
|
|
Lara
Masojada
|
PCA
of
BEMasojada-HiscoxGroupCEO
|
21
|
|
MichaelaMasojada
|
PCA
of
BEMasojada-HiscoxGroupCEO
|
20
|
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
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Thomas
Huerlimann
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
Independent
Non-ExecutiveDirector
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
141
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
141
|
£1309.89
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
|
1
|
Details
of
the
person
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Anne MacDonald
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
Independent
Non-ExecutiveDirector
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
358
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
358
|
£3325.82
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
|
1
|
Details
of
the
person
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Adam Masojada
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
PCA to B E Masojada, Hiscox Group CEO
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
30
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
30
|
£278.70
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
|
1
|
Details
of
the
person
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Jane Masojada
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
PCA to B E Masojada, Hiscox Group CEO
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
24
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
24
|
£222.96
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
|
1
|
Details
of
the
person
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Lara Masojada
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
PCA to B E Masojada, Hiscox Group CEO
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
21
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
21
|
£195.09
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
|
1
|
Details
of
the
person
dischargingmanagerialresponsibilities/personcloselyassociated
|
|
a)
|
Name
|
Michaela Masojada
|
|
2
|
Reason
for
thenotification
|
|
|
a)
|
Position/status
|
PCA to B E Masojada, Hiscox Group CEO
|
|
b)
|
Initialnotification/Amendment
|
Initialnotification
|
|
3
|
Details
of
the
issuer,
emission
allowancemarketparticipant,auctionplatform,auctioneerorauctionmonitor
|
|
a)
|
Name
|
HiscoxLtd
|
|
b)
|
LEI
|
5493007JXOLJ0QCY2D70
|
|
4
|
Details
of
the
transaction(s):
section
to
be
repeatedfor(i)eachtypeofinstrument;(ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeenconducted
|
|
a)
|
Description
of
thefinancialinstrument,typeofinstrument
Identification
code
|
Ordinary
Shares
of
6.5peachISIN:BMG4593F1389
|
|
b)
|
Nature
of
thetransaction
|
Acquisition
of
shares
in
accordance
withtheScripDividendScheme
|
|
c)
|
Price(s)
and
volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£9.29
|
20
|
|
|
d)
|
Aggregated
information
-
Aggregated
volume
-
Price
|
|
Aggregated Volume
|
Aggregated Price
|
|
20
|
£185.80
|
|
|
e)
|
Date
of
thetransaction
|
2021-09-22
|
|
f)
|
Place
of
thetransaction
|
Outside
atradingvenue
|
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