9th Jun 2008 17:20
Catlin Group Limited
9 June 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 has acquired in London 563,231 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 |
|
240,071 |
£4.01 |
27 May 2008 |
|
255,263 |
£3.84 |
4 June 2008 |
|
67,897 |
£3.85 |
5 June 2008 |
The Shares represent 0.22% 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 share schemes including its 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 Company's Shares that have been acquired by the EBT in up to the following amounts:
|
Name |
Status |
Number of Shares |
|
Stephen Catlin |
Director |
30,181 |
|
Christopher Stooke |
Director |
19,784 |
|
Richard Banas |
Person discharging managerial responsibilities |
14,507 |
|
Paul Brand |
Person discharging managerial responsibilities |
22,479 |
|
Paul Jardine |
Person discharging managerial responsibilities |
19,798 |
|
Preben Prebensen |
Person discharging managerial responsibilities |
11,906 |
This notification is made in accordance with Rule 3.1.4R (1) (a) of the Disclosure and Transparency Rules.
Related Shares:
Castelnau Group