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BRE Brit Ins Hldgs

1,075.00
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
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

Purchase of Shares by ESPT

09/03/2011 5:47pm

UK Regulatory



 
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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