Director/PDMR Shareholding

RNS Number : 0409D

Hiscox Ltd

05 October 2018

 

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified that Mr Hamayou Akbar ("Aki") Hussain, a Director, on 4 October 2018, exercised nil-cost options under the Performance Share Plan to acquire  85,349 Ordinary Shares of 6.5p per share in the Company ("Shares") and then sold 40,255 of the resulting Shares at a price of £16.67.

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

Marc Wetherhill

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hamayou Akbar ("Aki") Hussain
2	Reason for the notification
a)	Position/status	Director
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) 16.67 40,255
d)	Aggregated information - Aggregated volume - Price	Aggregated Volume Aggregated Price 40,255 671,050.85
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	XLON

 

END

 

 

DSHBUBDGLGGBGIS