Hiscox Ltd announced that on 22 March 2024, Paul Cooper, the Chief Financial Officer and a Person Discharging Managerial Responsibilities (PDMR) of the company, purchased 1,144 Ordinary Shares of 6.5p each in the Company, with the transaction executed in GBP. This notification is in compliance with the UK version of the EU Market Abuse Regulation (2014/596/EU).
The details of the transaction, as required by the regulation, were provided, including the name and position of the PDMR, the issuer's name and LEI, the description of the financial instrument, the nature of the transaction, the price and volume of the shares, the aggregated information, and the date of the transaction.
This transaction indicates the confidence of the Chief Financial Officer in the company and its future prospects, which can be seen as a positive signal for investors and stakeholders.