Hiscox CUO sells £1.2m shares

Richard Watson

The non-executive chairman, Robert Childs, and Mary Childs, each sold shares worth £563,100 – a total of £1.12m. A spokesman for Hiscox said: “The transactions were simply part of ordinary share trading.” Watson, pictured, sold 50,000 shares in  December, worth £505,000 at the time. However, he bought back almost 42,000 shares yesterday, worth over £475,000. Watson still owns 643,193 shares, worth £72.7m at a current share rate of £113.1. Robert Childs still owns 1.41m shares in the compa