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viewHiscox, Ltd.

Hiscox Ltd - Director/PDMR Shareholding

RNS Number : 3184I
Hiscox Ltd
01 April 2020
 

Hiscox Ltd

(the 'Company')

 

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

 

 

Hamilton, Bermuda - The Company announces that on 26 March 2020, Michael Krefta, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 19,767 Ordinary Shares of 6.5p each ("Shares").  

 

The Company also announces that Anne MacDonald and Colin Keogh, both Independent Non-Executive Directors, have elected to use all of their board fees to purchase Shares in the Company. On 30 March 2020, pursuant to the pre-determined election, the Company arranged for the purchase of 2,980 and 3,333 Shares respectively on behalf of Ms MacDonald and Mr Keogh.  The Shares were purchased at the same price of £9.077 per Share

 

The above transactions were executed in GBP.

 

The notifications are 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

 

 

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

19,767

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

19,767

 £ nil

 

 

e)

 

Date of the transaction

 

 

2020-03-27

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE, XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Anne Macdonald

 

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)

GBP 9.077

2,980

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

Total Price

2,980

GBP 9.077

GBP 27,050.79

 

 

e)

 

Date of the transaction

 

 

2020-03-30

f)

 

Place of the transaction

 

 

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)

GBP 9.077

3,333

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

Total Price

3,333

GBP 9.077

GBP 30,255.03

 

 

e)

 

Date of the transaction

 

 

2020-03-30

f)

 

Place of the transaction

 

 

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: 830

Market: LSE
Market Cap: £2.87 billion
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