Business
Transfer of Treasury Shares and Total Voting Ri...
Transfer of Treasury Shares and Total Voting Ri....
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \n LANCASHIRE HOLDINGS LIMITED \n\n28 April 2011\nHamilton, Bermuda\n\n Transfer of Treasury Shares and Resulting Total Voting Rights \n\nIn accordance with Listing Rule 12.6.4 and in conformity with DTR 5.6.1AR,\nLancashire Holdings Limited (the \"Company\") announces that on 27 April 2011 a\ntransfer of 78,826 common shares from Treasury took place to satisfy an\nexercise of warrants at an exercise price of U.S. $5.00.\n\nFollowing the transfer and as of 28 April 2011 the Company's the issued share\ncapital consists of 168,602,427 Common Shares of $0.50 each (\"Common Shares\")\nof which 12,869,619 Common Shares are held in Treasury. Therefore, the total\nnumber of Common Shares in issue with voting rights (excluding shares held in\nTreasury) is 155,732,808.\n\nThe above figure of 155,732,808 may be used by shareholders as the denominator\nfor the calculations by which they will determine if they are required to\nnotify their interest in, or a change to their interest in, the Company under\nthe Financial Services Authority's Disclosure and Transparency Rules.\n\nFor further information, please contact:\n\nLancashire +44 (0)20 7264 4145 \nHoldings \nLimited [email protected] \n \nChristopher \nHead \n \nJonny +44 (0)20 7264 4066 \nCreagh-Coen \n [email protected] \n \nHaggie +44 (0)20 7417 8989 \nFinancial \n \nPeter Rigby (Peter Rigby mobile 07803851426) \n \n\nAbout Lancashire\n\nLancashire, through its UK and Bermuda-based insurance subsidiaries, is a\nglobal provider of specialty insurance products. The Group companies carry the\nfollowing ratings:\n\n Financial Long Term Issuer Outlook \n Strength \n Rating (2) \n Rating (1) \n \nA.M. Best A- BBB- Positive \n \nStandard & Poor's A- BBB Stable \n \nMoody's A3 Baa2 Stable \n\n(1)Financial Strength Rating applies to Lancashire Insurance Company Limited\nand Lancashire Insurance Company (UK) Limited\n\n(2) Long Term Issuer Rating applies to Lancashire Holdings Limited\n\nLancashire has capital in excess of $1 billion and its Common Shares trade on\nthe main market of the London Stock Exchange under the ticker symbol LRE.\nLancashire is headquartered at Power House, 7 Par-la-Ville Road, Hamilton HM\n11, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM\n2358, Hamilton HM HX, Bermuda. For more information on Lancashi...