Director/PDMR Shareholding

RNS Number : 8772R
Hiscox Ltd
14 December 2016
 

 

Hiscox Ltd

 

(the 'Company')

 

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

 

 

Hamilton, Bermuda - The Company has been notified by Mr Richard Watson, a Director, that he has sold a total of 50,000 Ordinary Shares of 6.5p per share ("Shares") comprising 21,769 Shares sold on 12 December and 28,231 Shares sold on 13 December 2016. All sales were made at the same price of 1010p.

 

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.

 

Following these transactions Mr Watson remains interested in 700,000 Ordinary Shares.

 

Jeremy Pinchin

 

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Richard Watson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director and Chief Underwriting Officer

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

 

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1010p

21,769

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

21,769

 

 

£219,866.90 (aggregate price)

 

 

e)

 

Date of the transaction

 

 

12 December 2016

f)

 

Place of the transaction

 

 

XLON

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)

1010p

 

28,231

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

28,231

 

 

£285,133.10 (aggregate price)

 

e)

 

Date of the transaction

 

 

13 December 2016

f)

 

Place of the transaction

 

 

XLON

 

 

 


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