Transaction in Own Shares

RNS Number : 0636C

Lancashire Holdings Limited

27 August 2008

 



Lancashire Holdings Ltd

Hamilton, Bermuda, 27 August 2008

Transaction in own shares 
 
Lancashire Holdings Ltd announces that it has purchased 149,473 Ordinary Shares at an average price of 325.90 pence per share ($5.99 per share at the current exchange rate).

The highest price and the lowest price paid for these shares were 328 pence and 323 pence respectively. All the purchased shares will be held as Treasury shares.
 
Following the above purchase, the Company holds 9,245,523 Ordinary Shares in Treasury. 

The Company has 173,037,572 Ordinary Shares in issue (excluding Treasury shares). 

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules. 

For further information, please contact:

Lancashire Holdings Limited 

Greg Lunn                     [phone]

Financial Dynamics                                                                   

Rob Bailhache               [phone]

Nick Henderson  

Merrill Lynch International

Marcus Jackson            [phone]

Numis Securities 

Charles Farquhar          [phone]                        

About Lancashire

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global provider of specialty insurance products. Its insurance subsidiaries carry the Lancashire group rating of A minus (Excellent) from A.M. Best with a stable outlook. Lancashire has capital in excess of $1 billion dollars and its Common Shares trade on AIM under the ticker symbol LRE. Lancashire is headquartered at Mintflower Place, 8 Par-La-Ville Road, Hamilton HM 08, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. For more information on Lancashire, visit the company's website at www.lancashiregroup.com

 

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