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Hiscox Limited
Director's Dealing • Jun 3, 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7626A
Hiscox Ltd
03 June 2021
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')
Hamilton, Bermuda - The Company announces that on 1 June 2021, Benjamin Walter, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 120,000 Ordinary Shares of 6.5p each ("Shares"). On the same day, Mr Walter sold 63,303 Shares at a price of £7.7933 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 | 120,000 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Volume | Aggregated Price |
| 120,000 | £ nil |
e)
Date of the transaction
2021-06-01
f)
Place of the transaction
LONDON STOCK EXCHANGE, XLON
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
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) |
| £7.7933 | 63,808 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Volume | Aggregated Price |
| 63,808 | £497,274.89 |
e)
Date of the transaction
2021-06-01
f)
Place of the transaction
LONDON STOCK EXCHANGE, XLON
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