TIDMLRE 
 
LANCASHIRE HOLDINGS LIMITED 
 
2 December 2021 
 
Hamilton, Bermuda 
 
                          Share Repurchase Programme 
 
Lancashire Holdings Limited ("the Company" or "Lancashire") announces today 
that it has purchased the following number of its common shares of US$0.50 each 
("Common Shares") on the London Stock Exchange from Morgan Stanley & Co. 
International Plc. Such purchases were effected pursuant to the instructions 
issued by the Company on 12 November 2021, as announced that same day: 
 
Date of purchase: 1 December 2021. 
 
Number of Common Shares purchased: 42,835. 
 
Highest price per Common Share: 513.50p. 
 
Lowest price per Common Share: 506.50p. 
 
Average price per Common Share: 509.74p. 
 
Since 15 November 2021, the Company has purchased 1,000,000 Common Shares at a 
cost (including dealing and other associated costs) of £5,123,223.47. 
 
The Company has 244,010,007 Common Shares in issue. Following the above 
transaction, the Company holds 1,000,000 of its Common Shares pursuant to a 
custody arrangement and has 243,010,007 Common Shares in issue with voting 
rights. Shares purchased under the programme will be used to satisfy a number 
of future exercises of awards under its Restricted Share Scheme. 
 
These purchases are the last purchases to be made under the programme between 
the Company, on the one hand, and Morgan Stanley & Co. International Plc, on 
the other hand, announced on 12 November 2021, as that irrevocable programme 
has been completed. 
 
This announcement does not constitute, or form part of, an offer or any 
solicitation of an offer for securities in any jurisdiction. 
 
See further the "Note Regarding Forward-Looking Statements" below. 
 
For further information, please contact: 
 
Lancashire Holdings Limited 
Christopher Head                    +44 20 7264 4145 
                                    chris.head@lancashiregroup.com 
 
Jelena Bjelanovic                   +44 20 7264 4066 
                                    jelena.bjelanovic@lancashiregroup.com 
 
FTI Consulting                      +44 20 37271046 
 
Edward Berry                        Edward.Berry@FTIConsulting.com 
 
Tom Blackwell                       Tom.Blackwell@FTIConsulting.com 
 
About Lancashire 
 
Lancashire, through its UK and Bermuda-based operating subsidiaries, is a 
provider of global specialty insurance and reinsurance products. 
 
                          Financial     Financial    Long Term 
                          Strength      Strength     Issuer 
                          Rating (1)    Outlook (1)  Rating (2) 
 
A.M. Best                 A (Excellent) Stable       Bbb+ 
 
S&P Global Ratings        A-            Stable       BBB 
 
Moody's                   A3            Stable       Baa2 
 
(1) Financial Strength Rating and Financial Strength Outlook apply to 
Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) 
Limited. 
 
(2) Long Term Issuer Rating applies to Lancashire Holdings Limited. 
 
Lancashire Syndicates Limited benefits from Lloyd's ratings: A.M. Best: A 
(Excellent); S&P Global Ratings: A+ (Strong); and Fitch: AA- (Very Strong). 
 
Lancashire has capital of approximately $1.9 billion and its common shares 
trade on the premium segment of the Main Market of the London Stock Exchange 
under the ticker symbol LRE. Lancashire has its head office and registered 
office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda. 
 
The Bermuda Monetary Authority ("BMA") is the Group Supervisor of the 
Lancashire Group. 
 
For more information, please visit Lancashire's website at 
www.lancashiregroup.com. 
 
The information was submitted for publication, through the agency of the 
contact persons set out above, at 07.00 GMT on 2 December 2021. 
 
NOTE REGARDING FORWARD-LOOKING STATEMENTS: 
 
CERTAIN STATEMENTS AND INDICATIVE PROJECTIONS (WHICH MAY INCLUDE MODELLED LOSS 
SCENARIOS) MADE IN THIS RELEASE OR OTHERWISE THAT ARE NOT BASED ON CURRENT OR 
HISTORICAL FACTS ARE FORWARD-LOOKING IN NATURE INCLUDING, WITHOUT LIMITATION, 
STATEMENTS CONTAINING THE WORDS "BELIEVES", "ANTICIPATES", "AIMS", 
"PLANS","PROJECTS", "FORECASTS", "GUIDANCE", "INTENDS", "EXPECTS", "ESTIMATES", 
"PREDICTS", "MAY", "CAN", "LIKELY","WILL", "SEEKS", "SHOULD", OR, IN EACH CASE, 
THEIR NEGATIVE OR COMPARABLE TERMINOLOGY. 
 
ALL FORWARD-LOOKING STATEMENTS IN THIS RELEASE SPEAK ONLY AS AT THE DATE OF 
PUBLICATION. LANCASHIRE HOLDINGS LIMITED EXPRESSLY DISCLAIMS ANY OBLIGATION OR 
UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY 
OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE 
ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT ANY 
CHANGES IN THE GROUP'SEXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENT 
IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS 
ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS ACTING ON BEHALF OF THE GROUP ARE 
EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THIS NOTE. PROSPECTIVE INVESTORS 
SHOULD SPECIFICALLY CONSIDER THE FACTORS IDENTIFIED IN THIS RELEASE WHICH COULD 
CAUSE ACTUAL RESULTS TO DIFFER BEFORE MAKING AN INVESTMENT DECISION. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

December 02, 2021 02:00 ET (07:00 GMT)

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