All Employee Share Incentive Plan (1222D)
May 10 2012 - 12:04PM
UK Regulatory
TIDMHDU
RNS Number : 1222D
Hardy Underwriting Bermuda Ld
10 May 2012
Date: 10 May 2012
On behalf of: Hardy Underwriting Bermuda Limited ("Hardy"
or "the Company")
For immediate release
Hardy Underwriting Group All Employee Share Incentive Plan
Hardy Underwriting Bermuda Limited announces that it was advised
on the 10 May 2012 that the Trustees of the Hardy Underwriting
Share Incentive Plan (the "Plan"), purchased the following Hardy
Underwriting Bermuda Limited Common shares of 20p each:
On 9 May 2012 - a total of 11,316 Hardy Underwriting Bermuda
Limited Common Shares of 20p each at a price of GBP2.7725 per share
in respect of the April allocation under the terms of the Plan. Of
these shares 3,772 were acquired as Partnership Shares (paid for by
participating employees), and 7,544 shares were bought by the
Company as Matching Shares.
The registered holder of all shares is Lloyds TSB Corporate
Nominees Limited designation AESOP 1.
The following directors are beneficial owners of the following
shares (subject to the terms and conditions of the Plan Trust Deed
and Rules):
Director Allotted Total holding following Total % holding
notification following notification
--------------- --------- -------------------------- ------------------------
P.J. Gage 135 173,939 Common 20p shares 0.35
--------------- --------- -------------------------- ------------------------
J. MacDiarmid 135 113,531 Common 20pshares 0.23
--------------- --------- -------------------------- ------------------------
B.J. Merry 135 564,006 Common 20p shares 1.13
--------------- --------- -------------------------- ------------------------
Shareholdings above include Deferred Annual Bonus awards.
Enquiries to:
Hardy Underwriting Bermuda Limited Tel: +1441 292 5853
Jamie MacDiarmid Tel: 020 7626 0382
Redleaf Communications
Emma Kane Tel: 020 7566 6700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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