9th Apr 2013 15:36
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - On 7 April 2013 awards previously made to the Executive Directors and a PDMR on 7 April 2010 under the Company's Performance Share Plan (the 'Plan') vested. The Plan specifies certain performance criteria and, as a result, participants received 39.3 per cent of their original awards. Under the terms of the Plan further nil cost awards were made over the 5 55/89p ordinary shares equivalent to the rolled up dividends between grant and vesting ('Rolled Up Dividends').
As a result the following Rolled Up Dividends were received and are exercisable until 7 April 2020:
Director | Rolled Up Dividends |
SJB Bridges | 6,090 |
RS Childs | 7,105 |
BE Masojada | 10,150 |
PDMR | Rolled Up Dividends |
RC Watson | 6,090 |
This notification is made in accordance with DTR 3.1.4R (1)(a).
Jeremy Pinchin
Company Secretary
Hiscox Ltd
+ 1 441 278 8300
Date: 9 April 2013
Related Shares:
Hiscox