REG - Hiscox Ltd - Director/PDMR Shareholding
11/04/2025 07:00
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RNS Number : 5991E Hiscox Ltd 11 April 2025
Hiscox Ltd
(the 'Company')
Notification of transactions by Persons Discharging Managerial
Responsibilities ('PDMR')
Hamilton, Bermuda - On 9 April 2025, 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 has been 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 2024, 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 2028 subject
to continued service.
Details of the number of Shares over which awards were granted are set out in
the table below.
HA Hussain 80,547
J Musselle 69,288
P Cooper 55,430
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 80,547
d) Aggregated information
Aggregated Volume Aggregated Price
- Aggregated volume 80,547 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
80,547 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 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 69,288
d) Aggregated information
Aggregated Volume Aggregated Price
- Aggregated volume 69,288 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
69,288 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 deferred bonus award over shares under the Company's Deferred Bonus
Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
nil 55,430
d) Aggregated information
Aggregated Volume Aggregated Price
- Aggregated volume 55,430 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
55,430 nil
e)
Date of the transaction
2025-04-09
f)
Place of the transaction
Outside a trading venue
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