Holding(s) in Company

RNS Number : 8766X

Lancashire Holdings Limited

13 December 2010

 



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					x
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					x
An event changing the breakdown of voting rights
Other (please specify):	Correction of Shareholder Name				x
3. Full name of person(s) subject to the notification obligation: iii		Frank W. Cawood Timothy W. Anders
4. Full name of shareholder(s)  (if different from 3.):iv		Frank W. Cawood IRA, Timothy W. Anders 401K Account, Frank W. Cawood & Associates, Inc., The Cawood Foundation, Inc.  Gayle R. Cawood IRA, Irrevocable Living Trusts (7) FBO Nathan Paul Cruver, Joelle Rachel Cruver, Andrew Reuben Cruver, Seth David Cruver, Natalie C. Cruver, Benjamin John Cawood and Joseph Louis Cawood
5. Date of the transaction and date on which the threshold is crossed or reached: v		12/9/2010
6. Date on which issuer notified:		12/13/2010
7. Threshold(s) that is/are crossed or reached: vi, vii		Over 9%

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

1,285,813

1,285,813

774,419

774,419

631,861

0.509%

0.415%

Common Share

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

Warrant

5.00 USD

12/16/2015

Until Expiry

12,307,577

Nominal

Delta

8.089%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

13,713,857

9.013%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Frank W. Cawood controls the voting rights for the Frank W. Cawood IRA, Frank W. Cawood & Associates, Inc. and for The Cawood Foundation, Inc. Mr. Cawood may be deemed to have voting control for The Cawood Foundation, Inc. shares, but he disclaims any beneficial ownership. Timothy W. Anders controls the voting rights for Timothy W. Anders 401K Account and as the Trustee for Irrevocable Living Trusts (7) FBO Nathan Paul Cruver, Joelle Rachel Cruver, Andrew Reuben Cruver, Seth David Cruver, Natalie C. Cruver, Benjamin John Cawood and Joseph Louis Cawood.  Mr. Anders may be deemed to have voting control for Irrevocable Living Trust shares, but he disclaims any beneficial ownership. Gayle R. Cawood controls the voting rights for the Gayle R. Cawood IRA Account.
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:	This information is to the best of our knowledge.
14. Contact name:	Timothy W. Anders
15. Contact telephone number:	770-487-6307

 

END

 

 

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