Acquisition
February 01 2008 - 5:04AM
UK Regulatory
RNS Number:0753N
Hampden Underwriting Plc
01 February 2008
1 February 2008
Hampden Underwriting Plc
("Hampden Underwriting" or the "Company")
Acquisition of corporate member
The Company announces that it has acquired a small corporate member of Lloyd's
for a consideration of approximately �150,000. The 2008 underwriting capacity
of the corporate member is approximately �300,000.
Jeremy Evans, a Hampden Underwriting director, said:
"We are pleased to have made this acquisition which, although small, adds to
the underwriting capacity we acquired at last year's auctions and is the first
implementation of our stated strategy of acquiring corporate members as suitable
opportunities arise".
For further information please contact:
Hampden Underwriting Jeremy Evans 020 7863 6567
Smith & Williamson Azhic Basirov 020 7131 4000
Corporate Finance Limited David Jones
Joanne du Plessis
This information is provided by RNS
The company news service from the London Stock Exchange
END
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