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LANCASHIRE HOLDINGS LIMITED - Transaction In Own Shares
Hamilton, Bermuda: 10 November 2014 - Lancashire Holdings Limited (the “Company”) announces that today 10 November 2014, it purchased 50,000 Common Shares at a price of 637.45 pence per share (approximately $10.13 per share at the current exchange rate).
The lowest price and the highest price paid for these shares were 634.25 pence and 640.00 pence, respectively. All the purchased shares will be held initially as Treasury shares. The Company expects to use the shares in the future towards satisfying its obligations under both its Restricted Share Scheme (“RSS”) awards and the Company’s warrants.
Following the above purchases, the Company holds 3,369,990 Common Shares in Treasury.
The Company has 188,742,608 Common Shares in issue (excluding Treasury shares).
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
For further information, please contact:
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Lancashire Holdings Limited Christopher Head |
+44 20 7264 4145 chris.head@lancashiregroup.com |
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Jonny Creagh-Coen |
+44 20 7264 4066 |
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Haggie Partners |
+44 20 7562 4444 |
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Peter Rigby |
(Peter Rigby mobile +44 7803851426) |