JPMorgan Securities Plc Dealing Disclosure-Catlin Group Ltd (8874L)

TIDMCGL

RNS Number : 8874L

JPMorgan Securities Plc

30 April 2015

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

   1.         KEY INFORMATION 
 
 (a) Name of exempt principal trader:                                                       J.P. Morgan Securities plc 
    (b) Name of offeror/offeree in relation to whose relevant securities this form          Catlin Group Ltd 
    relates: 
    Use a separate form for each offeror/offeree 
                                                                                           --------------------------- 
 (c) Name of the party to the offer with which exempt principal trader is connected:        Catlin Group Ltd 
                                                                                           --------------------------- 
 (d) Date dealing undertaken:                                                               29 April 2015 
                                                                                           --------------------------- 
 (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in         Yes 
 respect                                                                                     XL Group Plc 
 of any other party to this offer? 
                                                                                           --------------------------- 
 
   2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER 
   (a)        Purchases and sales 
 
    Class of relevant      Purchases/ sales       Total number of         Highest price per     Lowest price per unit 
        security                                     securities          unit paid/received         paid/received 
                                                                                (GBP)                   (GBP) 
     Ordinary Shares             Sales               1,300,000                 7.0850                   7.0850 
                          ------------------  -----------------------  ----------------------  ----------------------- 
 
   (b)        Derivatives transactions (other than options) 
 
    Class of relevant       Product description      Nature of dealing         Number of reference      Price per unit 
         security                 e.g. CFD         e.g. opening/closing a           securities               (GBP) 
                                                    long/short position, 
                                                   increasing/reducing a 
                                                    long/short position 
 
 
   (c)        Options transactions in respect of existing securities 
   (i)         Writing, selling, purchasing or varying 
 
   Class of       Product        Writing,      Number of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option          (EUR)         European                       unit 
                                                relates                          etc.                        (EUR) 
 
 
   (ii)        Exercising 
 
 Class of relevant security   Product description   Number of securities   Exercise price per unit 
                                e.g. call option                                    (GBP) 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, conversion 
 
 

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

   3.         OTHER INFORMATION 
   (a)        Indemnity and other dealing arrangements 
 
 Details of any indemnity or option arrangement, or any agreement or understanding, formal 
  or informal, relating to relevant securities which may be an inducement to deal or refrain 
  from dealing entered into by the exempt principal trader making the disclosure and any party 
  to the offer or any person acting in concert with a party to the offer: 
  If there are no such agreements, arrangements or understandings, state "none" 
 None 
 
   (b)        Agreements, arrangements or understandings relating to options or derivatives 
 
 Details of any agreement, arrangement or understanding, formal or informal, between the exempt 
  principal trader making the disclosure and any other person relating to: 
  (i) the voting rights of any relevant securities under any option; or 
  (ii) the voting rights or future acquisition or disposal of any relevant securities to which 
  any derivative is referenced: 
  If there are no such agreements, arrangements or understandings, state "none" 
 None 
 
 
 Date of disclosure:    30 April 2015 
 Contact name:          Jasper Niesing 
                       --------------- 
 Telephone number:      020 7742 4613 
                       --------------- 
 

Catlin is a Bermudian entity and is therefore not subject to the City Code. Shareholders of Catlin and others dealing are therefore not obliged to disclose any of their dealings under the provisions of the City Code. However, market participants are requested to make disclosures as if the City Code applied and as if Catlin were in an "offer period".

Accordingly, public disclosures consistent with the provisions of Rule 8 of the City Code should be released directly through a Regulatory Information Service and should not be emailed to the Takeover Panel.

The City Code can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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