10th Dec 2025 07:00
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company announces the following transactions in Ordinary Shares of 6.5p in the Company by Paul Cooper, Chief Financial Officer, and Joanne Musselle, Chief Underwriting Officer.
On 1 December 2025, Paul Cooper exercised the options previously granted to him in September 2022 pursuant to the Hiscox UK Sharesave Plan, an "all-employee" share plan, to acquire 2,452 shares at a price of £7.34 per share.
On 18 March 2025, Joanne Musselle exercised the options previously granted to her in September 2021 pursuant to the Hiscox UK Sharesave Plan to acquire 2,380 shares at a price of £7.56 per Share. The Company has been notified by Joanne Musselle that those shares were held in an account to which a scrip dividend alternative election had been applied and as such, in respect of the proceeds of the final dividend paid on 9 June 2025 and interim dividend paid on 23 September 2025, she subscribed for a further 40 shares on 9 June 2025 at a price of £12.37 per share and 19 shares on 23 September 2025 at a price of £12.86 per share.
The above transactions were executed in GBP.
The notifications set out below are made pursuant to the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Marc Wetherhill
Company Secretary
Hiscox Ltd
+ 1 441 278 8300
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Paul Cooper
| ||||||
2 | Reason for the notification
| |||||||
a)
| Position/status
| PDMR - Chief Financial Officer, Hiscox Group
| ||||||
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
| Acquisition of shares following exercise of options under the Hiscox UK Sharesave Plan | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
Aggregated volume
- Price
|
| ||||||
e)
| Date of the Transaction
| 1 December 2025 | ||||||
f)
| Place of the transaction
| London Stock Exchange - XLON | ||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Joanne Musselle
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Underwriting Officer, Hiscox Group
| ||||
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
| Acquisition of shares following exercise of options under the Hiscox UK Sharesave Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2025-03-18 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Joanne Musselle
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Underwriting Officer, Hiscox Group
| ||||
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
| Subscription of shares pursuant to the Company's scrip dividend alternative | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2025-06-09 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Joanne Musselle
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Underwriting Officer, Hiscox Group
| ||||
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
| Subscription of shares pursuant to the Company's scrip dividend alternative | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2025-09-23 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON | ||||
Related Shares:
Hiscox