Lancashire Holdings

Director's Dealing • Feb 16, 2022

National Storage Mechanism | Additional information

LANCASHIRE HOLDINGS LIMITED - Director/PDMR Shareholding

PR Newswire

London, February 16

Lancashire Holdings Limited

(the “Company”)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that, on 15 February 2022, Natalie Kershaw, Executive Director and Chief Financial Officer exercised 21,032 Restricted Share Awards (“RSS awards”) granted as nil-cost options over the Company’s common shares of US$0.50 each. These RSS awards were granted under the LHL Restricted Share Scheme.

Ms. Kershaw sold 9,407 of the resulting shares at the price shown below to cover the tax, national insurance and fees arising as a result of the exercise and retained the balance of 11,625 shares. The exercise was satisfied using existing shares in issue held by the Lancashire Holdings Limited Employee Benefit Trust.

Following this transaction, Ms. Kershaw has an interest in the Company of 52,840 common shares, representing 0.0217%.

The notification below, made in accordance with the requirements of UK MAR, provides further detail:

1Details of the person discharging managerial responsibilities/person closely associateda)NameNatalie Kershaw2Reason for the notificationa)Position/statusExecutive Director and Group Chief Financial Officerb)Initial notification/AmendmentInitial notification3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameLancashire Holdings Limitedb)LEI 5493002UNUYXLHOWF7524(i)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 conducteda)Description of the financial instrument, type of instrument

Identification codeCommon Shares of US$0.50 each

ISIN: BMG5361W1047b)Nature of the transaction

1. Acquisitionof shares on exercise of 21,032 Restricted Share Awards (“RSS awards”) granted as nil-cost options over common shares of US$0.50 each. These RSS awards were granted under the LHL Restricted Share Scheme Performance Awards.

c)Price(s) and volume(s)

Price(s)	Volume(s)
nil	21,032 shares acquired on exercise of RSS awards

d)Aggregated information

Aggregated volume

Price

21,032

Nile)Date of the transaction 2022-02-15f)Place of the transaction (XLON) London Stock Exchange – Regulated Market4(ii)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 conducteda)Description of the financial instrument, type of instrument

Identification codeCommon Shares of US$0.50 each

ISIN: BMG5361W1047b)Nature of the transaction

1. Saleof 9,407 shares to cover tax liabilities and fees on exercise of 21,032 Restricted Share Awards (“RSS awards”) granted as nil-cost options over common shares of US$0.50 each

c)Price(s) and volume(s)

Price(s)	Volume(s)
£5.32	9,407 shares sold to cover tax liabilities

d)Aggregated information

Aggregated volume

Price

9,407

£50,045.24e)Date of the transaction 2022-02-15f)Place of the transaction (XLON) London Stock Exchange – Regulated Market

Name of authorised official of issuer for making notification

Christopher Head Company Secretary 16 February 2022	+44 20 7264 4145 chris.head@lancashiregroup.com