Source - RNS
RNS Number : 8568J
Hiscox Ltd
14 September 2016
 

 

Hiscox Ltd

 

(the 'Company')

 

Notification of transactions by Directors or Person Discharging Managerial Responsibilities ('PDMRs')

 

 

Hamilton, Bermuda - On 12 September 2016 Hamayou Akbar ('Aki') Hussain, a Director of the Company, was granted  nil-cost options over a total of 165,496 Ordinary Shares of 6.5p each in the Company under the Performance Share Plan. The relevant notification in accordance with the EU Market Abuse Regulation (EU 596/2014) is set out below.

 

Jeremy Pinchin

 

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Hamayou Akbar ('Aki') Hussain

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director and 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

 

 

Grant of options under the Performance Share Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil cost options

 

165,496

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

165,496

 

 

Nil cost options

 

 

e)

 

Date of the transaction

 

 

12 September 2016

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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