Business
Treasury Stock - Transfers
Treasury Stock - Transfers.
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \n LANCASHIRE HOLDINGS LIMITED \n\n30 March 2011\nHamilton, Bermuda\n\n Treasury Shares - Transfers \n\nIn accordance with Listing Rule 12.6.4 Lancashire Holdings Limited (the\n\"Company\") announces that on 28 March 2011 a transfer of 2,184,609 common\nshares from Treasury took place. The shares were transferred to the Lancashire\nHoldings Employee Benefit Trust in order to satisfy future exercises of awards\nor options granted to beneficiaries of the Lancashire Holdings Employee Benefit\nTrust under the rules of the Company's share plans.\n\nFollowing the transfers the Company has a total of 12,948,445 common shares\nheld in Treasury and a total of 155,653,982 common shares in issue, excluding\ncommon shares held in Treasury.\n\nFor further information, please contact:\n\nLancashire Holdings Limited +44 (0)20 7264 4145 \nChristopher Head [email protected] \n \nJonny Creagh-Coen +44 (0)20 7264 4066 \n [email protected] \n \nHaggie Financial +44 (0)20 7417 8989 \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 Lancashire, visit the\nCompany's website at www.lancashiregroup.com\n\nLancashire Insurance Company (UK) Limited is regulated by the Financial\nServices Authority in the UK.\n\nLancashire Marketing Services (Middle East) Limited is authorised and regulated\nby the Dubai Financial Services Authority.\n\nLancashire Insurance Company Limited is regulated by the Ber...