Holding(s) in Company

RNS Number : 0891H

Hiscox Ltd

12 February 2010

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:				Hiscox Limited
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 to the notification obligation:		Massachusetts Financial Services Company
4. Full name of shareholder(s)  (if different from 3.):		MFS invests in securities of the issuer on behalf of its various mutual funds and institutional account clients.
5. Date of the transaction and date on which the threshold is crossed or reached:		10 February 2010
6. Date on which issuer notified:		11 February 2010
7. Threshold(s) that is/are crossed or reached:		5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary 5p Shares

23,175,509

23,175,509

19,620,700

5.23%

BMG4593F1041

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

19,620,700

5.23%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Hiscox Ltd. - B1G4YS8 Holdings as of 10 February 2010
Entity			Holding		Percentage Held
MFS Investment Management (MFS)			9,634,699		2.57%
MFS Institutional Advisors, Inc. (MFSI)			892,401		0.24%
MFS International Ltd. (MIL)			4,329,797		1.15%
MFS International (U.K.) Limited (MIL U.K.)			4,078,831		1.09%
MFS International Management K.K. (MIM K.K.)			684,972		0.18%
Notifiable Interest	19,620,700				5.23%
Shares Outstanding	375,020,142
Proxy Voting:
10. Name of the proxy holder:				N/A
11. Number of voting rights proxy holder will cease to hold:				N/A
12. Date on which proxy holder will cease to hold voting rights:				N/A
13. Additional information:
14. Contact name:
15. Contact telephone number:

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Massachusetts Financial Services Co.
Contact address (registered office for legal entities)	500 Boylston Street Boston, MA 02116 USA
Phone number & email	617-954-5814
Other useful information (at least legal representative for legal persons)	Robert Flaherty
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information

 

END

 

 

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