14 Dec 2016 16:12
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified by Mr Richard Watson, a Director, that he has sold a total of 50,000 Ordinary Shares of 6.5p per share ("Shares") comprising 21,769 Shares sold on 12 December and 28,231 Shares sold on 13 December 2016. All sales were made at the same price of 1010p.
The transactions were executed in GBP. The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is set out below.
Following these transactions Mr Watson remains interested in 700,000 Ordinary Shares.
Jeremy Pinchin
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
| Director and Chief Underwriting Officer | ||||
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
|
21,769
£219,866.90 (aggregate price)
| ||||
e)
| Date of the transaction
| 12 December 2016 | ||||
f)
| Place of the transaction
| XLON | ||||
5
| 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
|
28,231
£285,133.10 (aggregate price)
| ||||
e)
| Date of the transaction
| 13 December 2016 | ||||
f)
| Place of the transaction
| XLON | ||||
Hiscox (HSX)