Hiscox Limited

Director's Dealing • Aug 3, 2016

National Storage Mechanism | Additional information

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RNS Number : 1936G

Hiscox Ltd

03 August 2016

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company has been notified by Mr Richard Watson, a Director, that on 2 August 2016 he exercised nil-cost options under the Performance Share Plan to acquire 134,837 Ordinary Shares of 6.5p per share ("Shares"). On the same date Mr Watson sold 96,234 Shares at a price of 1083.862p per share. The transactions were executed in GBP. The notification made in accordance with the requirements of the EU Market Abuse Regulation (EU 596/2014) is set out below.

Following these transactions Mr Watson remains interested in 750,000 Ordinary Shares.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Watson

2

Reason for the notification

a)

Position/status

Director and Chief Underwriting 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

Exercise of options under the Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil cost options	134,837

d)

Aggregated information

- Aggregated volume

- Price

134,837

Nil cost options

e)

Date of the transaction

2 August 2016

f)

Place of the transaction

Outside a trading venue

5

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

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1083.86230438p	96,234

d)

Aggregated information

- Aggregated volume

- Price

96,234

£1,043,044.05 (aggregate price)

e)

Date of the transaction

2 August 2016

f)

Place of the transaction

XLON

This information is provided by RNS

The company news service from the London Stock Exchange

END

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