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Hardy Und. Bermuda (HDU)

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Wednesday 11 January, 2012

Hardy Und. Bermuda

All Employee Share Incentive Plan

RNS Number : 4171V
Hardy Underwriting Bermuda Ld
11 January 2012
 



 

Date:

11 January 2012

On behalf of:

Hardy Underwriting Bermuda Limited ("Hardy" or "the Company")

For immediate release

 

Hardy Underwriting Group All Employee Share Incentive Plan



Hardy Underwriting Bermuda Limited announces that it was advised on the 11th January 2012 that the Trustees of the Hardy Underwriting Share Incentive Plan (the "Plan"), purchased the following Hardy Underwriting Bermuda Limited Common shares of 20p each:

 

On 6th January 2012 - 48,213 Hardy Underwriting Bermuda Limited Common Shares of 20p each at £2.05 per share in respect of the Free share allocation under the terms of the Plan.

 

On 10th January 2012 - 15,384 Hardy Underwriting Bermuda Limited Common Shares of 20p each at £1.94 per share in respect of the December allocation under the terms of the Plan.  Of these shares 5,128 were acquired as Partnership Shares (paid for by participating employees), and 10,256 shares were bought by the Company as Matching Shares. 

 

The registered holder of all shares is Lloyds TSB Corporate Nominees Limited designation AESOP 1.  

 

The following directors and Persons Discharging Managerial Responsibility (PDMR's) are beneficial owners of the following shares (subject to the terms and conditions of the Plan Trust Deed and Rules):

 

 

Director /PDMR*

Allotted

Total holding following

notification

Total % holding following notification

P.J. Gage*

682

173,303 Common 20p shares

0.35

J. MacDiarmid

682

112,895 Common 20p shares

0.23

B.J. Merry

682

563,370 Common 20p shares

1.12

Shareholdings above include Deferred Annual Bonus awards.

 

Enquiries to:

Hardy Underwriting Bermuda Limited

Tel: +1441 292 5853

Jamie MacDiarmid Finance Director

Tel: 020 7626 0382

Redleaf Communications

Emma Kane

Tel: 020 7822 0200

 


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