Hiscox (LON:HSX)

Hiscox (LON:HSX)


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1,718.00 p
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Market Cap
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Hiscox RNS Release

Director/PDMR Shareholding


RNS Number : 6652C
Hiscox Ltd
18 June 2019
 

 

Hiscox Ltd

 

(the 'Company')

 

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')

 

 

Hamilton, Bermuda - On 25 February 2019, the Company announced that that it would be offering a scrip dividend alternative to shareholders in connection with the final dividend of 28.6 cents per share payable on 12 June 2019. On 30 May, the Company announced the reference price for the scrip dividend alternative of £16.43.

 

The Company has been notified that the undernoted Directors, PDMRs or persons closely associated with them ('PCAs'), acquired the numbers of 6.5p ordinary shares stated below. The transactions were executed in GBP:

 

Name

Position

Number of shares

Thomas Huerlimann

Independent Non-Executive Director

119

Anne MacDonald

Independent Non-Executive Director

414

Colin Keogh

Independent Non-Executive Director

228

Steve Langan

PDMR - Chief Executive Officer, Hiscox USA

322

Paul Lawrence

PDMR - Chief Underwriting Officer, Hiscox London Market

106

Adam Masojada

PCA of B E Masojada - Hiscox Group CEO

43

Jane Masojada

PCA of B E Masojada - Hiscox Group CEO

36

Lara Masojada

PCA of B E Masojada - Hiscox Group CEO

32

Michaela Masojada

PCA of B E Masojada - Hiscox Group CEO

30

 

 

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

 

 

Thomas Huerlimann

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

119

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

119

 

£1,955.17

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Anne MacDonald

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

414

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

414

 

£6,802.02

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Colin Keogh

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

228

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

228

 

£3,746.04

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

322

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

322

 

£5,290.46

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

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, Hiscox 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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

106

 

 

 

 

 

 



d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

106

 

£1,741.58

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Adam Masojada

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of B E Masojada - Hiscox Group CEO

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

43

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

43

 

£706.49

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jane Masojada

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of B E Masojada - Hiscox Group CEO

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

36

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

36

 

£591.48

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Lara Masojada

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of B E Masojada - Hiscox Group CEO

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

32

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

32

 

£525.76

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Michaela Masojada

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of B E Masojada - Hiscox Group CEO

 

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

 

 

Acquisition of shares in accordance with the Scrip Dividend Scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£16.43

30

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

Aggregated Volume

 

Aggregated Price

30

 

£492.90

 

 

 

e)

 

Date of the transaction

 

 

2019-06-12

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 


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