Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified that Mr Robert Childs, Chairman and Non-Executive Director, has sold 25,000 Ordinary Shares of 6.5p each in the Company ("Shares") on 13 December 2018, at a price of £16.350975.
The Company has also been notified that Mr Constantinos Miranthis, Non-Executive Director, has purchased 4,525 Shares in the Company on 12 December 2018, at a price of £16.53.
The Company also announces that Anne MacDonald and Colin Keogh, both Non-Executive Directors, have elected to use all and a portion respectively of their board fees to purchase Shares. Pursuant to a pre-determined election, the Company arranged for the purchase of 1,525 and 914 Shares on behalf of Ms MacDonald and Mr Keogh respectively, on 14 December 2018,at the same price of £16.015597.
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 |
Robert Childs |
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 |
Sale of Shares |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.350975 |
25,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
25,000 |
£408,774.38 |
|
e) |
Date of the transaction |
13 December 2018 |
f) |
Place of the transaction |
XLON |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Constantinos Miranthis |
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) |
Price(s) |
Volume(s) |
£16.53 |
4,525 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
4,525 |
£74,798.25 |
|
e) |
Date of the transaction |
12 December 2018 |
f) |
Place of the transaction |
XLON |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Anne MacDonald |
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) |
Price(s) |
Volume(s) |
£16.015597 |
1,525 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
1,525 |
£24,423.79 |
|
e) |
Date of the transaction |
14 December 2018 |
f) |
Place of the transaction |
XLON |
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 |
Share purchase |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.015597 |
914 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
914 |
£14,638.26 |
|
e) |
Date of the transaction |
14 December 2018 |
f) |
Place of the transaction |
XLON |