Register to get unlimited Level 2

Company Announcements

LANCASHIRE HOLDINGS LIMITED - Director Shareholding

Related Companies

PR Newswire

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1. Name of the issuer


Lancashire Holdings Limited
2. State whether the notification related to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

(i) a transaction notified in accordance with DTR 3.1.2 R
3. Name of the person discharging managerial responsibilities/director

Alex Maloney
(Executive Director and Group Chief Executive Officer)
 
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify connected person

N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Person referred to at 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares


Common Shares of US$0.50 each
7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

Alex Maloney
 
8. State the nature of the transaction


Purchase of 18,955 common shares
9. Number of shares, debentures or financial instruments relating to shares acquired

18,955 common shares
 
10. Percentage of issued class acquired (treasury shares of the class should not be taken into account when calculating percentage)

0.0095%
 
11. Number of shares, debentures or financial instruments relating to shares disposed

N/A
 
12. Percentage of issued class disposed (treasury shares of the class should not be taken into account when calculating percentage)

N/A
13. Price per share or value of transaction

18,955 at £5.265 per share
 
14. Date and place of transaction

05 May 2016 – London, England
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Alex Maloney (Executive Director) – 445,516 (includes 100,000 via a connected person (0.2233%)

 
16. Date issuer informed of transaction


06 May 2016

   

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
 
18. Period during which or date on which exercisable
 
19. Total amount paid (if any) for grant of the option
 
20. Description of shares or debentures involved (class and number)

 
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
 
22. Total number of  shares or debentures over which options held following notification

 
23. Any additional information

In addition to the securities noted in question 15 above, Alex Maloney also holds the following interests in the Company:

Restricted Share Scheme Awards Bonus Deferral Plan – 123,621 (vesting is subject to time and employment conditions only)
Restricted Share Scheme Awards–
686,771*

*Pursuant to the Rules of the Restricted Share Scheme, the number of shares that will actually vest depends on the satisfaction of certain conditions including employment, performance and time conditions. 
24. Name of contact and telephone number for queries

Christopher Head  +44 (0)20 7264 4145

 

   

Name of authorised official of issuer for making notification

Christopher Head
Assistant Company Secretary
6 May  2016

Top of Page