Dealings by the Trustees of E

RNS Number : 8424T

Catlin Group Limited

12 June 2009

 



Catlin Group Limited

12 June 2009

Dealings by the Trustees of the Catlin Group Employee Benefit Trust (the 'EBT')

Catlin Group Limited ('Company') received notice today that the Trustees of the EBT have acquired in London 977,600 common shares of $0.01 each in the capital of the Company as detailed below ('Shares'):

Number of Shares purchased	Average price paid per Share	Date of Purchase
359,600	£3.29993	22 May 2009
315,000	£3.29512	27 May 2009
200,000	£3.38649	28 May 2009
103,000	£3.45392	29 May 2009

The Shares represent 0.27% of the Company's issued share capital.

The EBT is a trust for the benefit of employees of the Catlin group who participate in the Company's Performance Share Plan ('PSP'). The Shares will vest to the same extent as underlying PSP awards. Any Shares that do not vest will revert to the Company.

Depending on the level of vesting, the following directors and persons discharging managerial responsibilities have a beneficial interest in the Shares in up to the following amounts:

Name	Status	Number of Shares
Stephen Catlin	Director	51,901
Christopher Stooke	Director	33,409
Richard Banas	Person discharging managerial responsibilities	28,778
Paul Brand	Person discharging managerial responsibilities	39,033
Paul Jardine	Person discharging managerial responsibilities	33,409
Andrew McMellin	Person discharging managerial responsibilities	14,102

This notification is made in accordance with Rule 3.1.4R (1) (a) of the Disclosure and Transparency Rules.

 

END

 

 

MSCUUOSRKURNAAR