Lancashire Holdings Ltd - Director/PDMR Shareholding
13 Marzo 2024 - 3:08PM
UK Regulatory
Lancashire Holdings Ltd - Director/PDMR
Shareholding
PR Newswire
LONDON, United Kingdom, March 13
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 8 March 2024, Alex Maloney, Executive Director and Group Chief
Executive Officer, exercised 116,126
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. Maloney
sold 57,064 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 59,062 shares. The exercise was satisfied
using existing shares in issue held by the Lancashire Holdings
Limited Employee Benefit
Trust.
Following this
transaction, Mr. Maloney has an interest in the Company of 869,961
common shares (which includes 181,819 shares held via a
connected person), representing
0.3565%.
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 |
Alex
Maloney |
|
2 |
Reason for the
notification |
|
a) |
Position/status |
Executive Director and 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 |
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 |
-
Acquisition
of shares
on exercise of 116,126 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) |
|
nil |
116,126 shares
acquired on exercise of RSS
awards |
|
|
d) |
Aggregated
information
|
116,126
Nil
|
|
e) |
Date of the
transaction |
2024-03-08 |
|
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 |
-
Sale
of 57,064
shares to cover tax liabilities and fees on exercise of 116,126
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) |
|
£6.283001 |
57,064 shares sold
to cover tax liabilities |
|
|
d) |
Aggregated
information
|
57,064
£358,533.17
|
|
e) |
Date of the
transaction |
2024-03-08 |
|
f) |
Place of the
transaction |
(XLON) London Stock Exchange – Regulated
Market |
Name of authorised
official of issuer for making
notification
|
Christopher
Head
Company
Secretary
13 March
2024
|
+44 20 7264
4145
chris.head@lancashiregroup.com
|
Grafico Azioni Lancashire (LSE:LRE)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Lancashire (LSE:LRE)
Storico
Da Apr 2023 a Apr 2024
