14th Sep 2016 14:29
Hiscox Ltd
(the 'Company')
Notification of transactions by Directors or Person Discharging Managerial Responsibilities ('PDMRs')
Hamilton, Bermuda - On 12 September 2016 Hamayou Akbar ('Aki') Hussain, a Director of the Company, was granted nil-cost options over a total of 165,496 Ordinary Shares of 6.5p each in the Company under the Performance Share Plan. The relevant notification in accordance with the EU Market Abuse Regulation (EU 596/2014) is set out below.
Jeremy Pinchin
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 and Chief Financial 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
| Grant of options under the Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
165,496
Nil cost options
| ||||
e)
| Date of the transaction
| 12 September 2016 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Related Shares:
Hiscox