Hiscox Ltd
(the Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - On 3 August 2021, the Company announced that that it would be offering a scrip dividend alternative to shareholders in
connection with the interim dividend of 11.5 cents per share payable on 22 September 2021. On 7 September 2021, the Company announced the reference price for the scrip dividend alternative of 929.52.
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:
| Name | Position | Number of shares |
| Thomas Huerlimann | Independent Non-Executive Director | 141 |
| Anne MacDonald | Independent Non-Executive Director | 358 |
| Adam Masojada | PCA of B E Masojada - Hiscox Group CEO | 30 |
| Jane Masojada | PCA of B E Masojada - Hiscox Group CEO | 24 |
| Lara Masojada | PCA of B E Masojada - Hiscox Group CEO | 21 |
| Michaela Masojada | PCA of B E Masojada - Hiscox Group CEO | 20 |
The above transactions were executed in GBP.
The notifications set out below are made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| 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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| 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 to 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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| 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 to 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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| 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 to 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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| 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 to 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) |
| ||||
| d) | Aggregated information
- Aggregated volume
- Price |
| ||||
| e) | Date of the transaction | 2021-09-22 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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