All Employee Share Incentive Plan (3572Z)
15 March 2012 - 1:46AM
UK Regulatory
TIDMHDU
RNS Number : 3572Z
Hardy Underwriting Bermuda Ld
14 March 2012
Date: 14 March 2012
On behalf of: Hardy Underwriting Bermuda Limited ("Hardy"
or "the Company")
For immediate release
Hardy Underwriting Group All Employee Share Incentive Plan
Hardy Underwriting Bermuda Limited announces that it was advised
on the 14 March 2012 that the Trustees of the Hardy Underwriting
Share Incentive Plan (the "Plan"), purchased the following Hardy
Underwriting Bermuda Limited Common shares of 20p each:
On 8 and 9 March 2012 - a total of 15,384 Hardy Underwriting
Bermuda Limited Common Shares of 20p each at an average price of
GBP1.94 per share in respect of the February allocation under the
terms of the Plan. Of these shares 5,128 were acquired as
Partnership Shares (paid for by participating employees), and
10,256 shares were bought by the Company as Matching Shares.
The registered holder of all shares is Lloyds TSB Corporate
Nominees Limited designation AESOP 1.
The following directors are beneficial owners of the following
shares (subject to the terms and conditions of the Plan Trust Deed
and Rules):
Director Allotted Total holding following Total % holding
notification following notification
--------------- --------- -------------------------- ------------------------
P.J. Gage 195 173,669 Common 20p shares 0.35
--------------- --------- -------------------------- ------------------------
J. MacDiarmid 195 113,261 Common 20pshares 0.23
--------------- --------- -------------------------- ------------------------
B.J. Merry 195 563,736 Common 20p shares 1.12
--------------- --------- -------------------------- ------------------------
Shareholdings above include Deferred Annual Bonus awards.
Enquiries to:
Hardy Underwriting Bermuda Limited Tel: +1441 292 5853
Jamie MacDiarmid Tel: 020 7626 0382
Redleaf Communications
Emma Kane Tel: 020 7566 6700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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