6 May 2016 14:38
LANCASHIRE HOLDINGS LIMITED - Director ShareholdingLANCASHIRE HOLDINGS LIMITED - Director Shareholding
PR Newswire
London, May 6
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
| 1. | Name of the issuer Lancashire Holdings Limited | 2. | State whether the notification related to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006) (i) a transaction notified in accordance with DTR 3.1.2 R |
| 3. | Name of the person discharging managerial responsibilities/director Alex Maloney (Executive Director and Group Chief Executive Officer) | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify connected person N/A |
| 5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Person referred to at 3 above | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares Common Shares of US$0.50 each |
| 7. | Name of registered shareholder(s) and, if more than one, the number of shares held by each of them Alex Maloney | 8. | State the nature of the transaction Purchase of 18,955 common shares |
| 9. | Number of shares, debentures or financial instruments relating to shares acquired 18,955 common shares | 10. | Percentage of issued class acquired (treasury shares of the class should not be taken into account when calculating percentage) 0.0095% |
| 11. | Number of shares, debentures or financial instruments relating to shares disposed N/A | 12. | Percentage of issued class disposed (treasury shares of the class should not be taken into account when calculating percentage) N/A |
| 13. | Price per share or value of transaction 18,955 at £5.265 per share | 14. | Date and place of transaction 05 May 2016 – London, England |
| 15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Alex Maloney (Executive Director) – 445,516 (includes 100,000 via a connected person (0.2233%) | 16. | Date issuer informed of transaction 06 May 2016 |
| If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes | |||
| 17. | Date of grant | 18. | Period during which or date on which exercisable |
| 19. | Total amount paid (if any) for grant of the option | 20. | Description of shares or debentures involved (class and number) |
| 21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise | 22. | Total number of shares or debentures over which options held following notification |
| 23. | Any additional information In addition to the securities noted in question 15 above, Alex Maloney also holds the following interests in the Company: Restricted Share Scheme Awards Bonus Deferral Plan – 123,621 (vesting is subject to time and employment conditions only) Restricted Share Scheme Awards– 686,771* *Pursuant to the Rules of the Restricted Share Scheme, the number of shares that will actually vest depends on the satisfaction of certain conditions including employment, performance and time conditions. | 24. | Name of contact and telephone number for queries Christopher Head +44 (0)20 7264 4145 |
| Name of authorised official of issuer for making notification Christopher Head Assistant Company Secretary 6 May 2016 |
Lancashire Holdings (LRE)