2nd Jan 2008 14:00
Hiscox Ltd02 January 2008 2 January 2008For Immediate Release HISCOX Ltd Close Period share repurchase programme Hamilton, Bermuda - Hiscox Ltd ('Hiscox') announces that it has entered into anirrevocable, non-discretionary programme to purchase shares on its own behalf,to be placed into treasury, during its close period. The programme commences on3rd January 2008 and runs up to and including 2nd March 2008. Any purchases will be effected within certain pre-set parameters, and inaccordance with both the Company's general authority to repurchase shares andChapter 12 of the Listing Rules which requires that the maximum price paid belimited to no more than 105 per cent of the average middle market closing priceof the Company's shares for the 5 dealing days preceding the date of purchase.The Company confirms that it currently has no unpublished price sensitiveinformation. -ends- For further information: Hiscox Ltd Robin Mehta, Company Secretary +1 44 1278 8300 Rebecca Olejnik, Group Communications Manager, London +44 (0) 20 7448 6332 Maitland Richard Farnsworth +44 (0) 20 7379 5151 Notes to editors About Hiscox Hiscox, headquartered in Bermuda, is a specialist insurance group listed on theLondon Stock Exchange. There are three main underwriting parts of the Group -Hiscox Global Markets, Hiscox UK and Europe, and Hiscox International. HiscoxGlobal Markets underwrites mainly internationally traded business in the LondonMarket - generally large or complex business which needs to be shared with otherinsurers or needs the international licences of Lloyd's. Hiscox UK and HiscoxEurope offer a range of specialist insurance for professionals and businesscustomers, as well as high net worth individuals. Hiscox International includesoperations in Bermuda, Guernsey and the USA. Hiscox Insurance Company Ltd,Hiscox Underwriting Ltd and Hiscox Syndicates Ltd are authorised and regulatedby the Financial Services Authority. For further information, visit www.hiscox.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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