REG - Hiscox Ltd - Director/PDMR Shareholding

HiscoxAnnouncement

11/04/2025 07:00

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RNS Number : 5990E  Hiscox Ltd  11 April 2025

 

Hiscox Ltd

 

(the 'Company')

 

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

 

 

Hamilton, Bermuda - As more fully described in the Company's 2024 Annual
Report, on 26 July 2024, awards were granted to the following Executive
Directors under the Company's Deferred Bonus Plan (the 'Plan') to acquire, for
nil cost, ordinary 6.5p shares ('Shares') in the Company.

 

Each award was granted over the number of Shares which has an aggregate value
equal to forty per cent. of the bonus awarded to each Executive Director for
2023, based on an average of the market value of a Share over the five (5)
days prior to the award date.

 

The awards will vest, and shares will be delivered, on 25 March 2027 subject
to continued service.

 

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

 

 HA Hussain  71,661
 J Musselle  61,889
 P Cooper    48,859

 

The Awards were granted from 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

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Hamayou Akbar (Aki) Hussein

 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 deferred bonus award over shares under the Company's Deferred Bonus

                                                            Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       71,661

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

       - Aggregated volume                                         71,661             nil

 

       - Price

 e)   Date of the transaction                                      2024-07-26

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

 - Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 71,661             nil

 

e)

 

Date of the transaction

 

2024-07-26

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 Chief 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 deferred bonus award over shares under the Company's Deferred Bonus

                                                            Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       61,889

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

       - Aggregated volume                                         61,889             nil

 

       - Price

 e)   Date of the transaction                                      2024-07-26

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

 - Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 61,889             nil

 

e)

 

Date of the transaction

 

2024-07-26

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 deferred bonus award over shares under the Company's Deferred Bonus

                                                            Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   nil       48,859

 
 d)   Aggregated information

Aggregated Volume  Aggregated Price

      - Aggregated volume                                          48,859             nil

 

       - Price

 e)   Date of the transaction                                      2024-07-26

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

- Aggregated volume

 

 - Price

 

 

 Aggregated Volume  Aggregated Price

 48,859             nil

 

e)

 

Date of the transaction

 

2024-07-26

f)

 

Place of the transaction

 

Outside a trading venue

 

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