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Hiscox Limited
Director's Dealing • Apr 16, 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7711V
Hiscox Ltd
16 April 2021
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company announces that on 12 April 2021, Benjamin Walter, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 21,719 Ordinary Shares of 6.5p each ("Shares"). 10,463 Shares in the Company at a price of £8.5918 per Share were withheld to cover associated tax liabilities.
The Company further announces that on 12 April 2021, Joanne Musselle, PDMR exercised nil-cost options under the Performance Share Plan to acquire 12,411 Shares. On the same day Ms Musselle sold 5,845 Shares at a price of £8.5918 per Share to cover associated tax liabilities.
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
Benjamin Walter
2
Reason for the notification
a)
Position/status
PDMR - CEO, Hiscox Global Retail
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 nil-options under the Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £ nil | 11,256 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Volume | Aggregated Price |
| 11,256 | £ nil |
e)
Date of the transaction
2021-04-12
f)
Place of the transaction
LONDON STOCK EXCHANGE, XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joanne Musselle
2
Reason for the notification
a)
Position/status
PDMR - Chief Underwriting Officer, Hiscox Group
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 nil-options under the Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £ nil | 12,411 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Volume | Aggregated Price |
| 12,411 | £ nil |
e)
Date of the transaction
2021-04-12
f)
Place of the transaction
LONDON STOCK EXCHANGE, XLON
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joanne Musselle
2
Reason for the notification
a)
Position/status
PDMR - Chief Underwriting Officer, Hiscox Group
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
Sale of shares to cover tax following exercise of nil-cost options under the Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £8.5918 | 5,845 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Volume | Aggregated Price |
| 5,845 | £50,219.07 |
e)
Date of the transaction
2021-04-12
f)
Place of the transaction
LONDON STOCK EXCHANGE, XLON
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