Hiscox Ltd Director/PDMR Shareholding (1192A)

TIDMHSX

RNS Number : 1192A

Hiscox Ltd

21 March 2017

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - Awards previously made to PDMRs under the Company's Performance Share Plan (the 'Plan') vested on 17 March 2017.

The Plan specifies certain performance criteria and the participants received 100 per cent of their original awards. Under the terms of the Plan further awards of 6.5p ordinary shares (Shares) were made which were equivalent to the rolled up dividends between the grant and vesting of the awards ('Rolled Up Dividends').

The numbers of Shares indicated below were received by the relevant PDMRs by way of Rolled Up Dividends.

The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is set out below.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------ 
 a)   Name                                  1. Jeremy Pinchin 
                                             2. Ben Walter 
---  -------------------------  --------------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------ 
 a)   Position/status                             1. PDMR 
                                                   2. PDMR 
---  -------------------------  --------------------------------------------------- 
 b)   Initial notification                  Initial notification 
       /Amendment 
---  -------------------------  --------------------------------------------------- 
 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               Ordinary Shares of 6.5p each 
       instrument, type 
       of instrument               ISIN: BMG4593F1389 
 
 
       Identification 
       code 
---  -------------------------  --------------------------------------------------- 
 b)   Nature of the              Shares awarded under the 
       transaction                Rules of the Performance 
                                  Share Plan 
---  -------------------------  --------------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)             Volume(s) 
                                   -------------------  --------------------- 
                                               1. Nil               1. 7,183 
                                                2. Nil               2. 5,985 
                                   -------------------  --------------------- 
---  -------------------------  --------------------------------------------------- 
 d)   Aggregated information       Aggregated                   Aggregated 
                                     Volume                       Price 
                                   ---------------------------  ------------------- 
       - Aggregated volume                           1. 7,183               1. Nil 
                                                      2. 5,985               2. Nil 
                                   ---------------------------  ------------------- 
       - Price 
---  -------------------------  --------------------------------------------------- 
 e)   Date of the transaction    17 March 2017 
---  -------------------------  --------------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  --------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2017 13:15 ET (17:15 GMT)