Director/PDMR Shareholding

RNS Number : 0940N

Hiscox Ltd

20 October 2016

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified by Amanda Brown, a PDMR, that on 17 October 2016 she exercised nil-cost options under the Performance Share Plan to acquire 60,000 Ordinary Shares of 6.5p per share ("Shares")which she then sold on the same day at a price of 1027.9216p per share. 

The Company was also notified that on 17 October 2016 a person closely associated ("PCA") with Ms Brown sold 1,889 Shares at a price of 1026.0926p per Share.

The transactions were executed in GBP. The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is set out below.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.   Amanda Brown 2.   Edward Brown
2	Reason for the notification
a)	Position/status	1.   PDMR 2.   PCA of Amanda Brown - PDMR
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 options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost options 60,000
d)	Aggregated information - Aggregated volume - Price	60,000 Nil cost options
e)	Date of the transaction	17 October 2016
f)	Place of the transaction	Outside a trading venue
5	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
c)	Price(s) and volume(s)	Price(s) Volume(s) 1027.9216p 60,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 60,000 £616,752.96
e)	Date of the transaction	17 October 2016
f)	Place of the transaction	XLON
6	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
c)	Price(s) and volume(s)	Price(s) Volume(s) 1026.0926p 1,889
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 1,889 £19,382.88921
e)	Date of the transaction	17 October 2016
f)	Place of the transaction	XLON

 

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