4th Mar 2019 13:33
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company was notified on 1 March 2019 that Mr Paul Lawrence a PDMR, exercised nil-cost options under the Performance Share Plan to acquire 9,371 Ordinary Shares of 6.5p each ("Shares"). Mr Lawrence sold these Shares on the same day at a price of £16.00.
The above transactions were executed in GBP.
This notification is made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) are 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
| 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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 1 March 2019 | ||||
f)
| Place of the transaction
| XLON | ||||
Related Shares:
Hiscox