Last checked at 15 Aug 2018 16:16
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 £16.857 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 £15.057175 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 £15.057175 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 /Amendment
| Initial notification | ||||
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 instrument, type of instrument
Identification code
|
Ordinary Shares of 6.5p each
ISIN: BMG4593F1389
| ||||
b)
| Nature of the transaction
| Reinvestment of cash dividend into shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- 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 instrument, type of instrument
Identification code
|
Ordinary Shares of 6.5p each
ISIN: BMG4593F1389
| ||||
b)
| Nature of the transaction
| Sale of Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information gg
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 31 May 2018 | ||||
f)
| Place of the transaction
| XLON | ||||