Holding(s) in Company

RNS Number : 2197C

Lancashire Holdings Limited

02 March 2011

 



For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Lancashire Holdings Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					ü
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: iii		Robert S. Pitts, Jr., a United States Citizen. Steadfast Capital Management LP, a Delaware limited partnership. Steadfast Advisors LP, a Delaware limited partnership.
4. Full name of shareholder(s)  (if different from 3.):iv		Steadfast Capital, L.P., a Delaware limited partnership. American Steadfast, L.P., a Delaware limited partnership. Steadfast International Master Fund Ltd., a Cayman Island exempted company.
5. Date of the transaction and date on which the threshold is crossed or reached: v		28 February 2011
6. Date on which issuer notified:		1 March 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		3 percent.

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Common shares

4,659,000

4,369,000 (as at the date of this notification)

2.85 percent. (as at the date of this notification)

BMG5361W1047

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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 xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,369,000 (as at the date of this notification)

2.85 percent. (as at the date of this notification)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
As at the date of this notification: (a) Steadfast Capital, L.P. holds 246,484 common shares (0.16 per cent. of the voting rights) in the issuer; (b) American Steadfast, L.P. holds 1,320,700 common shares (0.86 per cent. of the voting rights) in the issuer; and (c) Steadfast International Master Fund Ltd. holds 2,801,816 common shares (1.83 per cent. of the voting rights) in the issuer. Robert S. Pitts, Jr. is the managing member of Steadfast Capital Management LP and Steadfast Advisors LP. Steadfast Advisors LP has the power to vote and dispose of securities held by Steadfast Capital, L.P.. Steadfast Capital Management LP has the power to vote and dispose of securities held by American Steadfast, L.P. and Steadfast International Master Fund Ltd..
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Joseph M. Carney
15. Contact telephone number:	212-415-4607

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in sharesxxii
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Robert S. Pitts, Jr., a United States Citizen. Steadfast Capital Management LP, a Delaware limited partnership. Steadfast Advisors LP, a Delaware limited partnership.
Contact address (registered office for legal entities)	767 Fifth Avenue, New York, NY 10153
Phone number & email	212-415-4607;  [e-mail]
Other useful information (at least legal representative for legal persons)	Joseph M Carney, representative of Steadfast Capital Management LP and Steadfast Advisors LP
B: Identity of the notifier, if applicable
Full name	Grant Greenberg
Contact address	767 Fifth Avenue, New York, NY 10153
Phone number & email	212-415-4612; [e-mail]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Controller
C: Additional information
For notes on how to complete form TR-1 please see the FSA website.

 

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