Director/PDMR Shareholding

RNS Number : 8901H

Hiscox Ltd

15 March 2018

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that Paul Lawrence, a PDMR, on 14 March 2018, exercised nil-cost options under the Performance Share Plan to acquire 70,000 Ordinary Shares of 6.5p per share which he then sold on the same day at a price of 1510p,

Mr Lawrence and persons closely associated with him remain interested in 33,466 shares.

Marc Wetherhill

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Lawrence
2	Reason for the notification
a)	Position/status	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 and Sale of options under the Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 1510p 70,000
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 70,000 £1,057,000
e)	Date of the transaction	14 March 2018
f)	Place of the transaction	XLON

 

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