Notification of Major Interest in Shares (9643C)

TIDMHDU

RNS Number : 9643C

Hardy Underwriting Bermuda Ld

09 May 2012

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying            HARDY UNDERWRITING BERMUDA 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                      X 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject             CREDIT SUISSE GROUP AG 
  to the 
  notification obligation: 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                Please see section 9 
  (if different from 3.): 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date           03/05/2012 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:             08/05/2012 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                     5% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Class/type of   Situation previous                             Resulting situation after the triggering 
 shares           to the triggering                              transaction 
                  transaction 
 if possible 
 using 
 the ISIN CODE 
--------------  ---------------------------------------------  --------------------------------------------------------------------------- 
                 Number               Number                    Number         Number of voting                   % of voting rights 
                  of                   of                        of shares      rights 
                  Shares               Voting 
                                       Rights 
--------------  -------------------  ------------------------  -------------  ---------------------------------  ------------------------- 
                                                                Direct         Direct                Indirect     Direct          Indirect 
--------------  ----  ---  --------  -------  ------  -------  -------------  --------------------  -----------  --------------  --------- 
 ORD 
  BMG429851048    Not reportable       Not reportable            N/A            N/A                   2,730,966    N/A             5.3400% 
--------------  -------------------  ------------------------  -------------  --------------------  -----------  --------------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial          Expiration         Exercise/                                   Number of voting                 % of voting 
  instrument                 date               Conversion Period                           rights that may be               rights 
                                                                                            acquired if the 
                                                                                            instrument is 
                                                                                            exercised/ converted. 
-------------------------  -----------------  ------------------------------------------  -------------------------------  --------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 
  (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial     Exercise       Expiration       Exercise/               Number of voting rights instrument     % of voting rights 
  instrument            price          date             Conversion period       refers to 
--------------------  -------------  ---------------  ----------------------  -------------------------------------  --------------------- 
 N/A                                                                                                                  Nominal     Delta 
--------------------  -------------  ---------------  ----------------------  -------------------------------------  ----------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                              Percentage of voting rights 
-------------------------------------------------------------------  --------------------------------------------------------------------- 
 
                              2,730,966                                                              5.3400% 
-------------------------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
        1. Credit Suisse Group AG 
        2. Credit Suisse Securities (Europe) Ltd 
-------------------------------------------------------------------------------- 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Anthony Allen / Paul MacDonald 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             [phone]/ 8548 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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