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Hiscox Ltd - Director/PDMR Shareholding

RNS Number : 0560F
Hiscox Ltd
05 March 2020
 

Hiscox Ltd

(the 'Company')

 

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')

 

Hamilton, Bermuda - The Company announces that on 2 March 2020, Michael Krefta, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 118,855 Ordinary Shares of 6.5p each ("Shares").  On the same day, Mr Krefta sold 25,439 and 18,674 Shares each in the Company at a price of £12.7758 and £12.7207 per Share, respectively.

 

The Company also announces that on 3 March 2020, Colin Keogh, Independent Non-Executive Director, purchased 2,100 Shares in the Company at a price of £12.11495 per Share.

 

The Company also announces that on 4 March 2020, Hamayou Akbar Hussain, PDMR, purchased 1,300 Shares in the Company at a price of £12.21833 per Share.

 

The above transactions were executed in GBP.

 

The notification as required by the EU Market Abuse Regulation (EU 596/2014) is 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

 

 

Michael Krefta

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Chief Executive Officer, Hiscox Re & ILS

 

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

 

 

Exercise of nil-options under the Performance Share Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£ nil

118,855

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

118,855

£ nil

 

 

e)

 

Date of the transaction

 

 

2020-03-02

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Michael Krefta

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Chief Executive Officer, Hiscox Re & ILS

 

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

 

 

Sale of shares following exercise of nil-cost options under the Performance Share Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£12.7758

25,439

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

25,439

£325,003.58

 

 

e)

 

Date of the transaction

 

 

2020-03-02

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Michael Krefta

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Chief Executive Officer, Hiscox Re & ILS

 

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

 

 

Sale of shares following exercise of nil-cost options under the Performance Share Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£12.7207

18,674

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

18,674

£237,546.35

 

 

e)

 

Date of the transaction

 

 

2019-03-02

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, XLON

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Colin Keogh

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Independent Non-Executive Director

 

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 purchase

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£12.11495

2100

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

Total Price

2100

£12.11495

£25,441.40

 

 

e)

 

Date of the transaction

 

 

2020-03-03

f)

 

Place of the transaction

 

LONDON STOCK EXCHANGE, XLON

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Hamayou Akbar Hussain

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Chief Financial Officer

 

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 purchase

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£12.21833

1,300

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

1,300

£15,894.33

 

 

e)

 

Date of the transaction

 

 

4 March 2020

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Hiscox, Ltd.

Price: 777.6

Market: LSE
Market Cap: £2.69 billion
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