TIDMHDU

RNS Number : 6614A

Hardy Underwriting Bermuda Ld

02 April 2012

 
 Date:           2 April 2012 
 On behalf of:   Hardy Underwriting Bermuda Limited ("Hardy" 
                  or "the Company") 
                 For immediate release

HARDY UNDERWRITING BERMUDA LIMITED

Notification of Interests of Directors and other PDMRs following the vesting of share-based awards

This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

The Hardy Underwriting Bermuda Deferred Annual Bonus Scheme ("DAB")

Vesting of 2009 DAB Awards

The following deferred awards made under the 2009 DAB scheme vested on 2 April 2012, but as the performance criteria were not met, the matching share awards did not vest.

 
 Name                Deferred Shares 
------------------  ---------------- 
 Director 
------------------  ---------------- 
 Patrick Gage                 56,181 
------------------  ---------------- 
 Jamie MacDiarmid             31,212 
------------------  ---------------- 
 Barbara Merry                62,424 
------------------  ----------------

Updated Shareholdings as at 2 April 2012

 
 Name                Shareholdings as at 2        % Interest 
                      April 2012                   in Company 
------------------  ---------------------------  ------------ 
 Director 
------------------  ---------------------------  ------------ 
 Patrick Gage        173,669 Common 20p shares       0.35 
------------------  ---------------------------  ------------ 
 Jamie MacDiarmid    113,261 Common 20pshares        0.23 
------------------  ---------------------------  ------------ 
 Barbara Merry       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 Polhill                      hardy@redleafpr.com 
 Emma Kane                            Tel: 020 7822 0200

This information is provided by RNS

The company news service from the London Stock Exchange

END

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