Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified that Steve Langan, a PDMR, on 23 August 2018, exercised nil-cost options under the Performance Share Plan to acquire 20,000 Ordinary Shares of 6.5p each which he then sold on the same day at a price of £16.59 per share.
The transaction was executed in GBP.
The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is 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 |
Steve Langan |
2 |
Reason for the notification |
a) |
Position/status |
PDMR |
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 |
Exercise and Sale of options under the Performance Share Plan |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.59 |
20,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
20,000 |
£331,800.00 |
|
e) |
Date of the transaction |
23 August 2018 |
f) |
Place of the transaction |
XLON |