Hiscox Ltd has announced that three Persons Discharging Managerial Responsibilities (PDMRs) have acquired shares through the scrip dividend alternative. Anne MacDonald, Thomas Hurlimann, and Paul Cooper, all PDMRs, acquired 723, 280, and 1,726 shares respectively, of 6.5p each in the Company. The shares were acquired in connection with the final dividend of 25 cents per share payable on 12 June 2024. The Scrip Reference price was 1,157p with a pound sterling equivalent of 19.63p per share.
The details of the transactions, as required by the UK version of the EU Market Abuse Regulation, have been provided by the Company Secretary, Marc Wetherhill. The transactions were conducted on the London Stock Exchange.
Anne MacDonald, an Independent Non-Executive Director, acquired 723 shares at a price of GBP 11.57, totaling GBP 8,365.11. Thomas Hurlimann, also an Independent Non-Executive Director, acquired 280 shares at the same price, totaling GBP 3,239.60. Paul Cooper, an Executive Director, acquired 1,726 shares at the same price, totaling GBP 19,969.82.
This notification provides insight into the recent share acquisitions by key individuals within Hiscox Ltd, shedding light on their confidence in the company's performance and future prospects.