Dealings by the Trustees of t

RNS Number : 5620I

Catlin Group Limited

20 November 2008

 



Catlin Group Limited

20 November 2008

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 325,500 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
200,000	£3.7698	13 November 2008
125,000	£4.1010	14 November 2008

The Shares represent 0.13% 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	19,816
Christopher Stooke	Director	13,010
Richard Banas	Person discharging managerial responsibilities	9,299
Paul Brand	Person discharging managerial responsibilities	14,747
Paul Jardine	Person discharging managerial responsibilities	13,015
Preben Prebensen	Person discharging managerial responsibilities	7,638

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

 

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