REG-Lancashire Holdings Ltd: Director/PDMR Shareholding

Lancashire HoldingsAnnouncement

24/03/2025 15:30

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 21 March 2025, Paul Gregory, Executive Director
and Group Chief Underwriting Officer, exercised 267,923 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 Performance Awards and Bonus Deferral Plan.

Mr. Gregory sold 131,652 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 136,271 shares. The exercise was satisfied using
existing shares in issue held by the Lancashire Holdings Limited Employee
Benefit Trust.

Following this transaction, Mr. Gregory has an interest in the Company of
649,819 common shares (which includes 458,575 shares held via a connected
person), representing 0.2663%.

The notification 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                                                                                               Paul Gregory                                                                                                                                                                                                                                                             
 2           Reason for the notification                                                                                                                                                                                                                                                                                                                                                 
 a)          Position/status                                                                                    Executive Director and 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                                                                                               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                                                                          (i) Acquisition of shares on exercise of 267,923 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 and Bonus Deferral Plan.  
 c)          Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                                      
 Price(s)    Volume(s)                                                                                          
 N il        267,923 shares acquired on exercise of RSS awards                                                  
 d)          Aggregated information - Aggregated volume - Price                                                 267,923 Nil                                                                                                                                                                                                                                                              
 e)          Date of the transaction                                                                            2025-03-21                                                                                                                                                                                                                                                               
 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                                                                          (ii) Sale of 131,652 shares to cover tax liabilities and fees on exercise of 267,923 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)                                                                                          
 £5.538923   131,652 shares sold to cover tax liabilities                                                       
 d)          Aggregated information - Aggregated volume - Price                                                 131,652 £729,210.29                                                                                                                                                                                                                                                      
 e)          Date of the transaction                                                                            2025-03-21                                                                                                                                                                                                                                                               
 f)          Place of the transaction                                                                           (XLON) London Stock Exchange - Regulated Market                                                                                                                                                                                                                          

 

Name of authorised official of issuer for making notification

 Christopher Head Company Secretary 24 March 2025  chris.head@lancashiregroup.com  

 

 



Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved