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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Brit Ins Hldgs | LSE:BRE | London | Ordinary Share | NL0009347863 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,075.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBRE 09 March 2011 Brit Insurance Holdings N.V. (the "Company") Purchase of Shares by the Company's Employee Share Participation Trust (the "ESPT") On 09 March 2011 the Company was notified that New Shares of EUR 3.28 in the capital of the Company ("Ordinary Shares") was purchased by the trustees of the ESPT as detailed below: Number of Ordinary Shares purchased 1,170,465 Average price paid per Share EUR 3.28 Date of purchase 09 March 2011 The ESPT is a trust for the benefit of employees of the Company and its subsidiaries ("Group"). Following this transaction, the trustees now hold a total of 2,288,872 Ordinary Shares of EUR 3.28 each representing 2.849% of the Company's issued share capital of 80,333,190. Dane Douetil, Scott Egan, Ray Cox, Jonathan Turner, Matthew Wilson, Malcolm Beane, Lorraine Denny and Baldeep Johal, all of whom are persons discharging managerial responsibilities, have an interest in the ordinary shares acquired as potential beneficiaries under the ESPT in respect of their participation in the Company's share schemes. This notification is made in accordance with Rule 3.1.4R (1) (a) of the Disclosure and Transparency Rules For further information, please contact Brit Insurance Holdings N.V. +31 (0) 20 719 1100 Neil Manser, Head of Investor Relations, Brit Insurance +44 (0) 20 7098 6980 Peter Rigby/Juliet Tilley, Haggie Financial +44 (0) 20 7417 8989 Notes to Editors Brit Insurance is an international general insurance and reinsurance group specialising in commercial insurance. The Group writes a diverse portfolio of over 70 classes of insurance and reinsurance offering worldwide protection. The scope is wide-ranging: from sole traders to the largest multinational corporations; from manufacturers to professional services; from shops to satellites. Our distribution model is centred on brokers and intermediaries. Reflecting where our customers trade, we are organised into three strategic business units - Global Markets, UK and Reinsurance - which have access to our underwriting platforms including Brit Insurance Limited and our Lloyd's syndicate, Brit Syndicate 2987. www.britinsurance.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Brit Insurance Holdings N.V. via Thomson Reuters ONE [HUG#1495830]
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