REG - Hiscox Ltd - Director/PDMR Shareholding

HiscoxAnnouncement

10/04/2025 07:00

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RNS Number : 4095E  Hiscox Ltd  10 April 2025

 

Hiscox Ltd

 

(the 'Company')

 

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

 

Hamilton, Bermuda - On 9 April 2025 awards in the form of nil-cost options
were granted to the following Executive Directors under the Company's
Performance Share Plan to acquire ordinary 6.5p shares ('Shares') in the
capital of the Company. The awards are subject to performance conditions
measured over the three financial years from 1 January 2025 to 31 December
2028 relating to growth in Net Asset Value (plus dividend and shareholder
returns) and relative Total Shareholder Return. Further details in relation to
the performance conditions will be included in the Directors' Remuneration
Report for the 2025 financial year.

 

Details of the number of Shares over which awards were granted are set out in
the table below.

 

 Hamayou Akbar (Aki)Hussain  178,996
 Paul Cooper                 97,789
 Joanne Musselle             97,789

 

Subject to the satisfaction of the performance conditions, awards will vest on
7 April 2028 and shares acquired will be subject to a holding period ending on
the fifth anniversary of grant.

 

The awards were granted in Bermuda.

 

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

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Hamayou Akbar (Aki) Hussain

 2    Reason for the notification

 a)   Position/status                                              PDMR - Group Chief Executive Officer

 b)   Initial notification /Amendment                              Initial notification

 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, type of instrument

                                                                   Ordinary Shares of 6.5p each

      Identification code

                                                                   ISIN: BMG4593F1389

 b)   Nature of the transaction                                    Grant of performance-based nil-cost option over shares under the Company's

                                                            Performance Share Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       178,996

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

       - Aggregated volume                                         178.996            nil

 

       - Price

 e)   Date of the transaction                                      2025-04-09

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

 - Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 178.996            nil

 

e)

 

Date of the transaction

 

2025-04-09

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Paul Cooper

 2    Reason for the notification

 a)   Position/status                                              PDMR - Group Chief Financial Officer

 b)   Initial notification /Amendment                              Initial notification

 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, type of instrument

                                                                   Ordinary Shares of 6.5p each

      Identification code

                                                                   ISIN: BMG4593F1389

 b)   Nature of the transaction                                    Grant of performance-based nil-cost option over shares under the Company's

                                                            Performance Share Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       97,789

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

       - Aggregated volume                                         97,789             nil

 

       - Price

 e)   Date of the transaction                                      2025-04-09

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

 - Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 97,789             nil

 

e)

 

Date of the transaction

 

2025-04-09

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Joanne Musselle

 2    Reason for the notification

 a)   Position/status                                              PDMR - Group Underwriting Officer

 b)   Initial notification /Amendment                              Initial notification

 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, type of instrument

                                                                   Ordinary Shares of 6.5p each

      Identification code

                                                                   ISIN: BMG4593F1389

 b)   Nature of the transaction                                    Grant of performance-based nil-cost option over shares under the Company's

                                                            Performance Share Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       97,789

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

       - Aggregated volume                                         97,789             nil

 

       - Price

 e)   Date of the transaction                                      2025-04-09

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

 - Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 97,789             nil

 

e)

 

Date of the transaction

 

2025-04-09

f)

 

Place of the transaction

 

Outside a trading venue

 

 

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