Holding(s) in Company

RNS Number : 6075W

Catlin Group Limited

01 February 2012

 



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:

CATLIN GROUP LIMITED

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
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:	VERITAS ASSET MANAGEMENT (UK) LTD
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	4 FEBRUARY 2011
6. Date on which issuer notified:	31 JANUARY 2012
7. Threshold(s) that is/are crossed or reached:	BELOW 5% TO OVER 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
Common Shares	8,337,500	8,337,500	N/A	N/A	8,415,200	N/A	2.33
BMG196F11004

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
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
CFD				9,771,926	Nominal	Delta
					2.71

Total (A+B+C)
Number of voting rights	Percentage of voting rights
18,187,126	5.04%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Veritas Asset Management (UK) Ltd and its associate company Veritas Asset Management AG hold these shares as discretionary investment manager for underlying clients.

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:	WILLIAM SPURGIN
15. Contact telephone number:	0207 626 0486

 

END

 

 

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