30th Jun 2008 16:22
Hiscox Ltd
Close Period Share Repurchase Programme
Hiscox Ltd announces that it has entered into an irrevocable, non-discretionary programme to purchase shares on its own behalf, to be placed into treasury, during its close period. The programme commences on 1 July 2008 and runs up to and including 17 August 2008.
Any purchases will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 105 per cent of the average middle market closing price of the Company's shares for the 5 dealing days preceding the date of purchase. The Company confirms that it currently has no unpublished price sensitive information.
Further enquiries:
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Hiscox Ltd |
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Robin Mehta, Company Secretary |
+1 44 1278 8300 |
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Jennifer Crowl, Director of Communications, London |
+44 (0) 20 7448 6494 |
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Maitland |
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Suzanne Bartch |
+44 (0) 20 7379 5151 |
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Richard Farnsworth |
+44 (0) 20 7379 5151 |
Related Shares:
Hiscox