Lancashire Hld Ltd Total Voting Rights
January 04 2022 - 2:01AM
UK Regulatory
TIDMLRE
LANCASHIRE HOLDINGS LIMITED
4 January 2022
Hamilton, Bermuda
Total Voting Rights
In conformity with DTR 5.6.1, Lancashire Holdings Limited (the "Company")
announces that as of 31 December 2021, the Company's issued share capital
consists of 244,010,007 Common Shares of $0.50 each ("Common Shares"). The
Company announced on 2 December 2021 that it had completed a share repurchase
programme whereby a total of 1,000,000 Common Shares had been repurchased (the
"Repurchased Shares") to satisfy a number of future exercises of awards under
its Restricted Share Scheme. The Company held the Repurchased Shares pursuant
to a custody agreement, and such shares were accordingly regarded as being held
in Treasury. The Repurchased Shares have now been transferred to the Employee
Benefit Trust account and therefore the Company has 244,010,007 Common Shares
in issue with voting rights, with no Common Shares held in Treasury.
The above figure of 244,010,007 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 Guidance and Transparency Rules.
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 4 January 2022.
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
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