17th Sep 2019 17:35
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified that Mr Paul Lawrence, a PDMR, has sold 27,124 Ordinary Shares of 6.5p each in the Company ("Shares") on 16 September 2019, at a price of £16.50 per Share.
The Company has also been notified by Steve Langan, Chief Executive Officer, Hiscox USA, and a PDMR, that the proceeds of the September 2019 dividend were reinvested in Shares on his behalf and on behalf of a person closely associated with him resulting in the purchase of 753 Shares on 17 September 2019 at a price of £16.17 per Share.
The above transactions were executed in GBP.
The notifications made in accordance with 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 - Chief Underwriting Officer, London Market
| ||||
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
| Share sale | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2019-09-16 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Steve Langan
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer, Hiscox USA | ||||
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
| Reinvestment of cash dividend into shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2019-09-17 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Clare Langan
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer, Hiscox USA | ||||
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
| Reinvestment of cash dividend into shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2019-09-17 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
Related Shares:
Hiscox