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Share Name Share Symbol Market Type Share ISIN Share Description
Lancashire Holdings Limited LSE:LRE London Ordinary Share BMG5361W1047 COM SHS USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.00 -1.15% 604.00 597.50 598.50 614.00 594.50 614.00 338,043 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 403.4 4.3 1.5 370.2 1,474

Lancashire Hld Ltd Transaction in Own Shares

15/08/2022 7:00am

UK Regulatory (RNS & others)


 
TIDMLRE 
 
LANCASHIRE HOLDINGS LIMITED 
 
15 August 2022 
 
Hamilton, Bermuda 
 
                          TRANSACTIONS IN OWN SHARES 
 
Lancashire Holdings Limited ("the Company") announces today that it has 
purchased the following number of its common shares of US$0.50 each (the 
"Shares") on the London Stock Exchange from Morgan Stanley & Co. International 
Plc. Such purchases were effected pursuant to the instructions issued by the 
Company on 2 August 2022, as announced on 5 August 2022: 
 
Date of purchase: 12 August 2022 
 
Number of Shares purchased: 81,206 
 
Highest price per Share: 480.40p 
 
Lowest price per Share: 474.40p 
 
Average price per Share: 477.53p 
 
Since 8 August 2022, the Company has purchased 389,754 Shares at a cost 
(including dealing and other associated costs) of £1,809,208.40. 
 
The Company has 244,010,007 Shares in issue and following the above 
transaction, the Company holds 389,754 of its Shares pursuant to a custody 
arrangement and has 243,620,253 Shares in issue with voting rights. Shares 
repurchased under the programme will be used to satisfy a number of future 
exercises of awards under its Restricted Share Scheme. 
 
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 $1.8 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 BST on 15 August 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'S EXPECTATIONS 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. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

August 15, 2022 02:00 ET (06:00 GMT)

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