Hiscox Executives Granted Deferred Bonus Shares
Why we think this is neutral
This RNS announcement is a routine notification of deferred bonus share awards to Hiscox's executive directors. It does not contain any information about the company's trading performance, financial results, or other significant business updates. As such, it is a neutral announcement that is unlikely to have a material impact on the company's share price.
Key Points
- Deferred bonus share awards granted to Hiscox's Executive Directors
- Awards represent 40% of 2024 bonuses and will vest in 2028
- Grants made to Group CEO, Group Chief Underwriting Officer, and Group CFO
Summary
The insurance group has granted deferred bonus share awards to its top executives as part of their remuneration packages.
Hiscox Ltd has announced the grant of deferred bonus share awards to its Executive Directors under the company's Deferred Bonus Plan. The awards, which will vest in 2028 subject to continued service, represent 40% of the bonuses awarded to the executives for the 2024 financial year.
DIRECTOR DEALINGS