LRE Lancashire Holdings Limited

 
TIDMLRE 
 
Lancashire Holdings Limited 
 
                          (the "Company") or ("LHL") 
 
   Notification and public disclosure of transactions by persons discharging 
     managerial responsibilities and persons closely associated with them 
 
The Company announces that, on 16 February 2018, Alex Maloney, Executive 
Director and Group Chief Executive Officer, purchased 21,700 common shares of 
US$0.50 each in the Company at GBP5.73 per share. 
 
Following this transaction, Alex Maloney has an interest in the Company of 
657,724 common shares (which includes 155,722 held via a connected person), 
representing 0.3267%. 
 
Additionally, Mr. Maloney also holds the following interests in the Company: 
 
Restricted Share Scheme (Performance Awards) - 505,920 
 
 (Pursuant to the Rules of the LHL Restricted Share Scheme, the number of 
shares that will actually vest depends on the satisfaction of certain 
conditions including employment, performance and time conditions). 
 
Restricted Share Scheme (Deferred Bonus Awards) - 54,218 
 
(Vesting is subject to time and employment conditions only). 
 
The notification, made in accordance with Article 19 of Regulation (EU) No 596/ 
 2014 of the European Parliament and of the Council of 16 April 2014 on market 
              abuse (Market Abuse Regulation,  is set out below: 
 
 1     Details of the person discharging managerial responsibilities/person closely 
       associated 
 
a)     Name                  Alex Maloney 
 
2      Reason for the notification 
 
a)     Position/status       Executive Director and Group Chief  Executive Officer 
 
b)     Initial notification/ Initial notification 
       Amendment 
 
3      Details of the issuer, emission allowance market participant, auction platform, 
       auctioneer or auction monitor 
 
a)     Name                  Lancashire Holdings Limited 
 
b)     LEI                    5493002UNUYXLHOWF752 
 
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     Common Shares of US$0.50 each 
       financial instrument, 
       type of instrument    ISIN: BMG5361W1047 
       Identification code 
 
b)     Nature of the         Purchase of common shares 
       transaction 
 
c)     Price(s) and volume   Price(s)                                 Volume(s) 
       (s) 
                             GBP5.73                                    21,700 
 
d)     Aggregated 
       information           21,700 
                             GBP124,341 
 
e)     Date of the            2018-02-16 
       transaction 
 
f)     Place of the            (XLON) London Stock Exchange - Regulated Market 
       transaction 
 
Name of authorised official of issuer for making notification 
 
Christopher Head     +44 20 7264 4145 
Company Secretary    chris.head@lancashiregroup.com 
16 February 2018 
 
 
 
END 
 

(END) Dow Jones Newswires

February 16, 2018 13:29 ET (18:29 GMT)

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