Lancashire Hld Ltd Director/PDMR Shareholding

 
TIDMLRE 
 
Lancashire Holdings Limited 
 
                                (the "Company") 
 
   Notification and public disclosure of transactions by persons discharging 
     managerial responsibilities and persons closely associated with them 
 
The Company announces that, on 16 March 2021, Natalie Kershaw, Executive 
Director and Chief Financial Officer exercised 67,197 Restricted Share Awards 
("RSS awards") granted as nil-cost options over the Company's common shares of 
US$0.50 each. These RSS awards were granted under the LHL Restricted Share 
Scheme Performance Awards. 
 
Ms. Kershaw sold 25,982 of the resulting shares at the price shown below to 
cover the tax, national insurance and fees arising as a result of the exercise 
and retained the balance of 41,215 shares. The exercise was satisfied using 
existing shares in issue held by the Lancashire Holdings Limited Employee 
Benefit Trust. 
 
Following this transaction, Ms. Kershaw has an interest in the Company of 
41,215 common shares, representing 0.0168%. 
 
  The notification below, made in accordance with the requirements of UK MAR, 
                           provides further detail: 
 
 1     Details of the person discharging managerial responsibilities/person closely 
       associated 
 
a)     Name                  Natalie Kershaw 
 
2      Reason for the notification 
 
a)     Position/status       Executive Director and Group Chief Financial Officer 
 
b)     Initial notification/ Initial notification 
       Amendment 
 
3      Details of the issuer, emission allowance market participant, auction platform, 
       auctioneer or auction monitor 
 
a)     Name                  Lancashire Holdings Limited 
 
b)     LEI                    5493002UNUYXLHOWF752 
 
4(i)   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    Common Shares of US$0.50 each 
       financial instrument, 
       type of instrument    ISIN: BMG5361W1047 
       Identification code 
 
b)     Nature of the          i. Acquisition of shares on exercise of 67,197 Restricted Share Awards ("RSS 
       transaction               awards") granted as nil-cost options over common shares of US$0.50 each. 
                                 These RSS awards were granted under the LHL Restricted Share Scheme 
                                 Performance Awards. 
 
c)     Price(s) and volume   Price(s)     Volume(s) 
       (s) 
                              nil         67,197 shares acquired on exercise of RSS awards 
 
d)     Aggregated 
       information           67,197 
                             Nil 
 
e)     Date of the            2021-03-16 
       transaction 
 
f)     Place of the           (XLON) London Stock Exchange - Regulated Market 
       transaction 
 
4(ii)  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    Common Shares of US$0.50 each 
       financial instrument, 
       type of instrument    ISIN: BMG5361W1047 
       Identification code 
 
b)     Nature of the          i. Sale of 25,982 shares to cover tax liabilities and fees on exercise of 
       transaction               67,197 Restricted Share Awards ("RSS awards") granted as nil-cost options 
                                 over common shares of US$0.50 each 
 
c)     Price(s) and volume   Price(s)      Volume(s) 
       (s) 
                              £6.45         25,982 shares sold to cover tax liabilities 
 
d)     Aggregated 
       information           25,982 
                             £ 167,583.90 
 
e)     Date of the            2021-03-16 
       transaction 
 
f)     Place of the           (XLON) London Stock Exchange - Regulated Market 
       transaction 
 
Name of authorised official of issuer for making notification 
 
Christopher Head     [phone] 
Company Secretary    [e-mail] 
22 March 2021 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 22, 2021 10:36 ET (14:36 GMT)