All Employee Share Incentive Plan (2013X)

TIDMHDU

RNS Number : 2013X

Hardy Underwriting Bermuda Ld

10 February 2012

 
 Date:           10 February 2012 
 On behalf of:   Hardy Underwriting Bermuda Limited ("Hardy" 
                  or "the Company") 
                 For immediate release 
 
 

Hardy Underwriting Group All Employee Share Incentive Plan

Hardy Underwriting Bermuda Limited announces that it was advised on the 9 February 2012 that the Trustees of the Hardy Underwriting Share Incentive Plan (the "Plan"), purchased the following Hardy Underwriting Bermuda Limited Common shares of 20p each:

On 8 February 2012 - 13,509 Hardy Underwriting Bermuda Limited Common Shares of 20p each at GBP2.17 per share in respect of the January allocation under the terms of the Plan. Of these shares 4,503 were acquired as Partnership Shares (paid for by participating employees), and 9,006 shares were bought by the Company as Matching Shares.

The registered holder of all shares is Lloyds TSB Corporate Nominees Limited designation AESOP 1.

The following directors are beneficial owners of the following shares (subject to the terms and conditions of the Plan Trust Deed and Rules):

 
 Director         Allotted    Total holding following        Total % holding 
                                    notification          following notification 
---------------  ---------  --------------------------  ------------------------ 
 P.J. Gage          171      173,474 Common 20p shares            0.35 
---------------  ---------  --------------------------  ------------------------ 
 J. MacDiarmid      171      113,066 Common 20pshares             0.23 
---------------  ---------  --------------------------  ------------------------ 
 B.J. Merry         171      563,541 Common 20p shares            1.12 
---------------  ---------  --------------------------  ------------------------ 
 

Shareholdings above include Deferred Annual Bonus awards.

Enquiries to:

 
 Hardy Underwriting Bermuda Limited   Tel: [phone] 
 Jamie MacDiarmid                     Tel: [phone] 
 
 Redleaf Communications 
 Emma Kane                            Tel: [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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