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LRE Lancashire Holdings Limited

619.00
-5.00 (-0.80%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lancashire Holdings Limited LSE:LRE London Ordinary Share BMG5361W1047 COM SHS USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00 -0.80% 619.00 617.00 618.00 625.00 609.00 609.00 613,642 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 577.2M 321.5M 1.3460 4.59 1.48B

Lancashire Hld Ltd Director/PDMR Shareholding

26/05/2021 7:00am

UK Regulatory


 
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 24 May 2021, Alex Maloney, Executive Director 
and Chief Executive Officer exercised 177,991 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 Bonus Deferral Plan. 
 
Mr. Maloney sold 83,866 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 94,125 shares. The exercise was satisfied using 
existing shares in issue held by the Lancashire Holdings Limited Employee 
Benefit Trust. 
 
Following this transaction, Mr. Maloney has an interest in the Company of 
787,570 common shares (which includes 155,722 shares held via a connected 
person), representing 0.3227%. 
 
 The notification 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                  Alex Maloney 
 
2      Reason for the notification 
 
a)     Position/status       Executive Director and Group Chief Executive 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 177,991 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 Bonus 
                                 Deferral Plan. 
 
c)     Price(s) and volume   Price(s)     Volume(s) 
       (s) 
                              nil         177,991 shares acquired on exercise of RSS awards 
 
d)     Aggregated 
       information           177,991 
                             Nil 
 
e)     Date of the            2021-05-24 
       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 83,866 shares to cover tax liabilities and fees on exercise of 
       transaction               177,991 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) 
                              £6.480        83,866 shares sold to cover tax liabilities 
 
d)     Aggregated 
       information           83,866 
                             £ 543,480.03 
 
e)     Date of the            2021-05-24 
       transaction 
 
f)     Place of the           (XLON) London Stock Exchange - Regulated Market 
       transaction 
 
Name of authorised official of issuer for making notification 
 
Christopher Head     +44 20 7264 4145 
Company Secretary    chris.head@lancashiregroup.com 
26 May 2021 
 
 
 
END 
 
 

(END) Dow Jones Newswires

May 26, 2021 02:00 ET (06:00 GMT)

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