Director/PDMR Shareholding - Correction
Lancashire Holdings Limited has issued a correction regarding a previous announcement, clarifying that the aggregate monies received from the exercise and subsequent sale of shares by Alex Maloney was £1,464,975.64, not £2,961,115. This correction pertains to the sale of 230,387 shares at an average price of £6.359192 to cover tax liabilities and fees, following the exercise of Restricted Share Awards. The original announcement detailed the acquisition of 465,675 shares on exercise of awards at nil cost, with the corrected aggregate sale proceeds now accurately reflected.
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Further to the announcement made at 07:30 on 20 May 2026 relating to the exercise of Restricted Share Awards and subsequent sale of Shares by Alex Maloney, the Company wishes to advise of a minor correction to the aggregate price information in section 4(ii)d). The total monies received was £1,464,975.64 and not £2,961,115 as previously disclosed.
This has now been corrected within the below.
There are no other changes to advise to this announcement.
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 | ||||
| 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 | (i) Acquisition of shares on exercise of 465,675 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 465,675 shares acquired on exercise of RSS awards | ||||
| d) | Aggregated information - Aggregated volume - Price | 465,675 Nil | ||||
| e) | Date of the transaction | 2026-05-18 | ||||
| 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 | (ii) Sale of 184,982 shares to cover tax liabilities and fees on the exercise of 373,899 RSS awards granted as nil-cost options over common shares of US$0.50 each (iii) Sale of 45,405 shares to cover tax liabilities and fees on exercise of 91,776 RSS awards granted as nil-cost options over common shares of US$0.50 each | ||||
| c) | Price(s) and volume(s) |
sold to cover tax liabilities £ 6.357000 45,405 shares sold to cover tax liabilities | ||||
| d) | Aggregated information - Aggregated volume - Price | 230,387 £1,464,975.64 | ||||
| e) | Date of the transaction | 2026-05-18 | ||||
| f) | Place of the transaction | (XLON) London Stock Exchange - Regulated Market | ||||
| Name of authorised official of issuer for making notification | ||||||
| Christopher Head Company Secretary 20 May 2026 | chris.head@lancashiregroup.com | |||||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.