TIDMHSX

RNS Number : 0940N

Hiscox Ltd

20 October 2016

Hiscox Ltd

(the 'Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMR')

Hamilton, Bermuda - The Company has been notified by Amanda Brown, a PDMR, that on 17 October 2016 she exercised nil-cost options under the Performance Share Plan to acquire 60,000 Ordinary Shares of 6.5p per share ("Shares")which she then sold on the same day at a price of 1027.9216p per share.

The Company was also notified that on 17 October 2016 a person closely associated ("PCA") with Ms Brown sold 1,889 Shares at a price of 1026.0926p per Share.

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.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------------------- 
 a)   Name                            1. Amanda Brown 
                                       2. Edward Brown 
---  -------------------------  -------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------- 
 a)   Position/status                 1. PDMR 
                                       2. PCA of Amanda Brown - 
                                       PDMR 
---  -------------------------  -------------------------------------------------- 
 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              Exercise of options under 
       transaction                the Performance Share Plan 
---  -------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)            Volume(s) 
                                   ------------------  ---------- 
                                    Nil cost options    60,000 
                                   ------------------  ---------- 
---  -------------------------  -------------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         60,000 
 
 
       - Price                     Nil cost options 
---  -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    17 October 2016 
---  -------------------------  -------------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  -------------------------------------------------- 
 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) 
                                   ----------------------  ------------------ 
                                               1027.9216p              60,000 
                                   ----------------------  ------------------ 
---  -------------------------  -------------------------------------------------- 
 d)   Aggregated information       Aggregated           Aggregated 
                                     Volume               Price 
                                   -------------------  ------------------------- 
       - Aggregated volume                      60,000              GBP616,752.96 
                                   -------------------  ------------------------- 
 
       - Price 
---  -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    17 October 2016 
---  -------------------------  -------------------------------------------------- 
 f)   Place of the transaction   XLON 
---  -------------------------  -------------------------------------------------- 
 6    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) 
                                   -----------  ---------- 
                                    1026.0926p   1,889 
                                   -----------  ---------- 
---  -------------------------  -------------------------------------------------- 
 d)   Aggregated information       Aggregated          Aggregated 
                                     Volume              Price 
                                   ------------------  --------------------------- 
       - Aggregated volume                      1,889              GBP19,382.88921 
                                   ------------------  --------------------------- 
 
       - Price 
---  -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    17 October 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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October 20, 2016 09:26 ET (13:26 GMT)

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