16th Feb 2018 18:29
LANCASHIRE HOLDINGS LIMITED - Director/PDMR ShareholdingLANCASHIRE HOLDINGS LIMITED - Director/PDMR Shareholding
PR Newswire
London, February 16
Lancashire Holdings Limited
(the “Company”) or (“LHL”)
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company announces that, on 16 February 2018, Alex Maloney, Executive Director and Group Chief Executive Officer, purchased 21,700 common shares of US$0.50 each in the Company at £5.73 per share.
Following this transaction, Alex Maloney has an interest in the Company of 657,724 common shares (which includes 155,722 held via a connected person), representing 0.3267%.
Additionally, Mr. Maloney also holds the following interests in the Company:
Restricted Share Scheme (Performance Awards) – 505,920
(Pursuant to the Rules of the LHL Restricted Share Scheme, the number of shares that will actually vest depends on the satisfaction of certain conditions including employment, performance and time conditions).
Restricted Share Scheme (Deferred Bonus Awards) – 54,218
(Vesting is subject to time and employment conditions only).
The notification, made in accordance with Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation, is set out below:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Alex Maloney | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Director and Group Chief Executive Officer | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Lancashire Holdings Limited | ||||
| b) | LEI | 5493002UNUYXLHOWF752 | ||||
| 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 | Common Shares of US$0.50 each ISIN: BMG5361W1047 | ||||
| b) | Nature of the transaction | Purchase of common shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | 21,700 £124,341 | ||||
| e) | Date of the transaction | 2018-02-16 | ||||
| f) | Place of the transaction | (XLON) London Stock Exchange – Regulated Market | ||||
Name of authorised official of issuer for making notification
| Christopher Head Company Secretary 16 February 2018 | +44 20 7264 4145 [email protected] |
Related Shares:
Lancashire Holdings