Hiscox PLC
28 October 2002
FOR IMMEDIATE RELEASE 28 October 2002
HISCOX PLC
Holding in Company
Hiscox PLC ('Hiscox') was notified on 24 October 2002 on behalf of FMR Corp., of
82 Devonshire Street, Boston MA 02109 I'FMR') the parent company of Fidelity
Management and Research Company and on behalf of Fidelity International Limited
of PO Box HM 670, Hamilton HMCX, Bermuda ('FIL'), that FMR and FIL and various
direct and indirect subsidiaries, as non-beneficial owners, are interested in
27,300,209 ordinary shares of 5p each in the issued share capital of Hiscox,
representing 9.45 per cent. of the issued share capital. The disclosable
interests include interests held on behalf of various authorised unit trust
schemes, notwithstanding the exemption from reporting pursuant to section 209(1)
(h) of the Companies Act 1985.
The notice goes on to state that the notifiable interests included in the notice
also comprise the notifiable interest of Mr Edward C. Johnson 3d, a principal
shareholder in FMR and FIL.
Furthermore, the notice states that the notification of disclosable interests
constitutes separate notifications of interest in the Hiscox shares which have
been combined solely for the purposes of clarity and that the notice should not
be treated as indicating that FMR and FIL and their direct and indirect
subsidiaries and Mr Edward C. Johnson 3d act as a group or in concert in respect
of the disclosed interests or that they are required to submit a notification on
a joint basis.
The shares are registered in the following names:
3,000 BBH
17,072,450 Chase Nominees Ltd
915,284 Chase Nominees Ltd
49,300 Deutsche Bank
71,400 Mellon Nominees Ltd
121,600 Bank of New York, Brussels
358,100 Northern Trust
8,655,686 HSBC Client Holdings Nominee (UK) Limited
53,389 Chase Manhattan Bank London
This information is provided by RNS
The company news service from the London Stock Exchange
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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