Hiscox Ltd Director/PDMR Shareholding (9354X)

TIDMHSX

RNS Number : 9354X

Hiscox Ltd

15 August 2018

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that on 13 August 2018, the proceeds of the June 2018 dividend were reinvested by the Nominee shareholder on behalf of Mr Colin Keogh resulting in a purchase of 58 Ordinary Shares of 6.5p each in the Company at a price of GBP16.857 per share.

The Company previously announced that Mr Richard Watson exercised and sold 87,000 options pursuant to the Performance Share Plan on 31 May 2018 at a price of GBP15.057175 per share. This transaction was incorrectly announced as an exercise and sale and should have been announced as a sale of 87,000 Ordinary Shares of 6.5p each in the Company on 31 May 2018 at a price of GBP15.057175 per share.

The above transactions were executed in GBP.

The notification made in accordance with the requirements of 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                       Colin Keogh 
---  -------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                       Non-Executive Director 
---  -------------------------  ----------------------------------------- 
 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              Reinvestment of cash dividend 
       transaction                into shares. 
---  -------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)                Volume(s) 
                                   ----------------------  -------------- 
                                               GBP16.857               58 
                                   ----------------------  -------------- 
---  -------------------------  ----------------------------------------- 
 d)   Aggregated information       Aggregated       Aggregated 
                                     Volume           Price 
                                   ---------------  ----------- 
       - Aggregated volume                      58   GBP977.71 
                                   ---------------  ----------- 
 
       - Price 
---  -------------------------  ----------------------------------------- 
 e)   Date of the transaction    13 August 2018 
---  -------------------------  ----------------------------------------- 
 f)   Place of the transaction   XLON 
---  -------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                       Richard Watson 
---  -------------------------  -------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                       Director 
---  -------------------------  -------------------------------- 
 b)   Initial notification       Amendment 
       /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              Sale of Shares 
       transaction 
---  -------------------------  -------------------------------- 
 c)   Price(s) and volume(s)       Price(s)        Volume(s) 
                                   --------------  ---------- 
                                    GBP15.057175    87,000 
                                   --------------  ---------- 
---  -------------------------  -------------------------------- 
 d)   Aggregated information       Aggregated   Aggregated 
       gg                            Volume       Price 
                                   -----------  ---------------- 
       - Aggregated volume          87,000       GBP1,309,974.23 
                                   -----------  ---------------- 
 
       - Price 
---  -------------------------  -------------------------------- 
 e)   Date of the transaction    31 May 2018 
---  -------------------------  -------------------------------- 
 f)   Place of the transaction   XLON 
---  -------------------------  -------------------------------- 
 

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August 15, 2018 11:16 ET (15:16 GMT)