TIDMHSX

RNS Number : 8772R

Hiscox Ltd

14 December 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 he has sold a total of 50,000 Ordinary Shares of 6.5p per share ("Shares") comprising 21,769 Shares sold on 12 December and 28,231 Shares sold on 13 December 2016. All sales were made at the same price of 1010p.

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 700,000 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       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------- 
 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               Ordinary Shares of 6.5p each 
       instrument, type 
       of instrument               ISIN: BMG4593F1389 
 
       Identification 
       code 
---  -------------------------  -------------------------------- 
 b)   Nature of the              Sale of shares 
       transaction 
---  -------------------------  -------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    1010p      21,769 
                                   ---------  ---------- 
---  -------------------------  -------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         21,769 
 
 
       - Price                     GBP219,866.90 (aggregate 
                                   price) 
---  -------------------------  -------------------------------- 
 e)   Date of the transaction    12 December 2016 
---  -------------------------  -------------------------------- 
 f)   Place of the transaction   XLON 
---  -------------------------  -------------------------------- 
 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               Ordinary Shares of 6.5p each 
       instrument, type 
       of instrument               ISIN: BMG4593F1389 
 
       Identification 
       code 
---  -------------------------  -------------------------------- 
 b)   Nature of the              Sale of Shares 
       transaction 
---  -------------------------  -------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    1010p      28,231 
                                   ---------  ---------- 
---  -------------------------  -------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         28,231 
 
 
       - Price                     GBP285,133.10 (aggregate 
                                   price) 
---  -------------------------  -------------------------------- 
 e)   Date of the transaction    13 December 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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December 14, 2016 11:12 ET (16:12 GMT)

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