REG-Lancashire Hld Ltd: Director/PDMR Shareholding

Lancashire HoldingsAnnouncement

16/02/2022 18:30

Lancashire Holdings Limited

(the “Company”)

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

The Company announces that, on 15 February 2022, Natalie Kershaw, Executive
Director and Chief Financial Officer exercised 21,032 Restricted Share Awards
(“RSS awards”) granted as nil-cost options over the Company’s common
shares of US$0.50 each. These RSS awards were granted under the LHL Restricted
Share Scheme.

Ms. Kershaw sold 9,407 of the resulting shares at the price shown below to
cover the tax, national insurance and fees arising as a result of the exercise
and retained the balance of 11,625 shares. The exercise was satisfied using
existing shares in issue held by the Lancashire Holdings Limited Employee
Benefit Trust.

Following this transaction, Ms. Kershaw has an interest in the Company of
52,840 common shares, representing 0.0217%.

The notification below, made in accordance with the requirements of UK MAR,
provides further detail:

 1         Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                                                                                                                                               
 a)        Name                                                                                               Natalie Kershaw                                                                                                                                                                                                                                    
 2         Reason for the notification                                                                                                                                                                                                                                                                                                                           
 a)        Position/status                                                                                    Executive Director and 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                                                                                               Lancashire Holdings Limited                                                                                                                                                                                                                        
 b)        LEI                                                                                                5493002UNUYXLHOWF752                                                                                                                                                                                                                               
 4(i)      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 Identification code                    Common Shares of US$0.50 each   ISIN: BMG5361W1047                                                                                                                                                                                                 
 b)        Nature of the transaction                                                                          1. Acquisition of shares on exercise of 21,032 Restricted Share Awards (“RSS awards”) granted as nil-cost options over common shares of US$0.50 each. These RSS awards were granted under the LHL Restricted Share Scheme Performance Awards.      
 c)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 nil       21,032 shares acquired on exercise of RSS awards                                                   
 d)        Aggregated information Aggregated volume Price                                                     21,032  Nil                                                                                                                                                                                                                                        
 e)        Date of the transaction                                                                            2022-02-15                                                                                                                                                                                                                                         
 f)        Place of the transaction                                                                           (XLON) London Stock Exchange – Regulated Market                                                                                                                                                                                                    
 4 (ii)    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 Identification code                    Common Shares of US$0.50 each   ISIN: BMG5361W1047                                                                                                                                                                                                 
 b)        Nature of the transaction                                                                          1. Sale of 9,407 shares to cover tax liabilities and fees on exercise of 21,032 Restricted Share Awards (“RSS awards”) granted as nil-cost options over common shares of US$0.50 each                                                              
 c)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 £5.32     9,407 shares sold to cover tax liabilities                                                         
 d)        Aggregated information Aggregated volume Price                                                     9,407 £50,045.24                                                                                                                                                                                                                                   
 e)        Date of the transaction                                                                            2022-02-15                                                                                                                                                                                                                                         
 f)        Place of the transaction                                                                           (XLON) London Stock Exchange – Regulated Market                                                                                                                                                                                                    

Name of authorised official of issuer for making notification

 Christopher Head Company Secretary  16 February 2022  +44 20 7264 4145 chris.head@lancashiregroup.com  



Copyright (c) 2022 PR Newswire Association,LLC. All Rights Reserved