TIDMHSX

RNS Number : 0636T

Hiscox Ltd

22 March 2021

Hiscox Ltd

(the 'Company')

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

Hamilton, Bermuda - The Company announces that on 18 March 2021, Joanne Musselle, PDMR, exercised nil-cost options under the Performance Share Plan to acquire 96,688 Ordinary Shares of 6.5p each ("Shares"). On the same day, Ms Musselle sold 45,603 Shares each in the Company at a price of GBP8.4421 per Share to cover associated tax liabilities.

The above transactions were executed in GBP.

The notifications set out below are made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

Marc Wetherhill

Company Secretary

Hiscox Ltd

+ 1 441 278 8300

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Joanne Musselle 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                        PDMR - Chief Underwriting Officer, 
                                              Hiscox Group 
     --------------------------  ---------------------------------------------- 
 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 instrument,        Ordinary Shares of 6.5p each 
       type of instrument 
                                    ISIN: BMG4593F1389 
       Identification code 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Exercise of nil-options under the 
                                   Performance Share Plan 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP nil     96,688 
                                                ---------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information        Aggregated Volume   Aggregated Price 
                                     96,688              GBP nil 
                                                        ----------------- 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     2021-03-18 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    LONDON STOCK EXCHANGE, XLON 
     --------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Joanne Musselle 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                        PDMR - Chief Underwriting Officer, 
                                              Hiscox Group 
     --------------------------  ---------------------------------------------- 
 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 instrument,        Ordinary Shares of 6.5p each 
       type of instrument 
                                    ISIN: BMG4593F1389 
       Identification code 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Sale of shares to cover tax following 
                                   exercise of nil-cost options under 
                                   the Performance Share Plan 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     GBP8.4421    45,603 
                                                 ---------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information        Aggregated Volume   Aggregated Price 
                                     45,603              GBP384,985.09 
                                                        ----------------- 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     2021-03-18 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    LONDON STOCK EXCHANGE, XLON 
     --------------------------  ----------------------------------------------

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END

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March 22, 2021 08:49 ET (12:49 GMT)

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