Last checked at 27 Feb 2019 17:11
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified that Mr Richard Watson, Executive Director, has sold 20,000 Ordinary Shares of 6.5p each in the Company ("Shares") on 25 February 2019, at a price of £16.405130.
The Company has also been notified that Mr Thomas Hürlimann, Non-Executive Director, purchased 5,000 Shares on 27 February 2019, at a price of £15.795764.
The Company also announced that the Interim Dividend of 13.25 cents per share was paid on 11 September 2018 with a scrip alternative for which the reference price was £16.69 per share. On that date, Thomas Hürlimann acquired 22 Shares. This transaction was not announced at the time.
The above transactions were executed in GBP.
This notification is 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
| Richard Watson
| |||||||
2
| Reason for the notification
| ||||||||
a)
| Position/status
| 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
| Sale of Shares | |||||||
c)
| Price(s) and volume(s)
|
| |||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| |||||||
e)
| Date of the transaction
| 25 February 2019 | |||||||
f)
| Place of the transaction
| XLON | |||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Thomas Hürlimann | ||||
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
| Share purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 27 February 2019 | ||||
f)
| Place of the transaction
| XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Thomas Hürlimann | ||||
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
| Share purchase in accordance with the Scrip Dividend Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 11 September 2018 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||