Last checked at 5 Mar 2020 07:00
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company announces that on 2 March 2020, Michael Krefta, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 118,855 Ordinary Shares of 6.5p each ("Shares"). On the same day, Mr Krefta sold 25,439 and 18,674 Shares each in the Company at a price of £12.7758 and £12.7207 per Share, respectively.
The Company also announces that on 3 March 2020, Colin Keogh, Independent Non-Executive Director, purchased 2,100 Shares in the Company at a price of £12.11495 per Share.
The Company also announces that on 4 March 2020, Hamayou Akbar Hussain, PDMR, purchased 1,300 Shares in the Company at a price of £12.21833 per Share.
The above transactions were executed in GBP.
The notification as required by 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
| Michael Krefta | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer, Hiscox Re & ILS
| ||||
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 of nil-options under the Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2020-03-02 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Michael Krefta | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer, Hiscox Re & ILS
| ||||
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 following exercise of nil-cost options under the Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2020-03-02 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Michael Krefta | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer, Hiscox Re & ILS
| ||||
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 following exercise of nil-cost options under the Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2019-03-02 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Colin Keogh
| ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| PDMR - Independent 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)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||||
e)
| Date of the transaction
| 2020-03-03 | ||||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, XLON | ||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Hamayou Akbar Hussain | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Financial 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
| Share purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 4 March 2020 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE (XLON) | ||||