Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company has been notified that Mr Paul Lawrence, a PDMR, has sold 27,124 Ordinary Shares of 6.5p each in the Company ("Shares") on 16 September 2019, at a price of £16.50 per Share.
The Company has also been notified by Steve Langan, Chief Executive Officer, Hiscox USA, and a PDMR, that the proceeds of the September 2019 dividend were reinvested in Shares on his behalf and on behalf of a person closely associated with him resulting in the purchase of 753 Shares on 17 September 2019 at a price of £16.17 per Share.
The above transactions were executed in GBP.
The notifications made in accordance with 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 |
Paul Lawrence |
2 |
Reason for the notification |
a) |
Position/status |
PDMR - Chief Underwriting Officer, London Market |
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 sale |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.50 |
27,124 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
27,124 |
£447,546.00 |
|
e) |
Date of the transaction |
2019-09-16 |
f) |
Place of the transaction |
LONDON STOCK EXCHANGE, XLON |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Steve Langan |
2 |
Reason for the notification |
a) |
Position/status |
PDMR - Chief Executive Officer, Hiscox USA |
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 |
Reinvestment of cash dividend into shares. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.17 |
38 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
38 |
£614.46 |
|
e) |
Date of the transaction |
2019-09-17 |
f) |
Place of the transaction |
LONDON STOCK EXCHANGE, XLON |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Clare Langan |
2 |
Reason for the notification |
a) |
Position/status |
PDMR - Chief Executive Officer, Hiscox USA |
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 |
Reinvestment of cash dividend into shares. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£16.17 |
715 |
|
d) |
Aggregated information - Aggregated volume - Price |
Aggregated Volume |
Aggregated Price |
715 |
£11,561.55 |
|
e) |
Date of the transaction |
2019-09-17 |
f) |
Place of the transaction |
LONDON STOCK EXCHANGE, XLON |