21st Mar 2012 17:30
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
1. Name of the issuer 2. State whether the notification
related to (i) a transaction Lancashire Holdings Limited notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006) (i)a transaction notified in accordance with DTR 3.1.2 R
3. Name of the person discharging 4. State whether notification
managerial responsibilities/ relates to a person connected director with a person discharging managerial responsibilities/ Neil McConachie (Executive director named in 3 and identify Director and connected person President) Lorraine McConachie
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 or financial instruments relating above or in respect of a to shares non-beneficial interest Common shares of US$0.50 each Persons referred to at 3 above
7. Name of registered shareholder(s) 8. State the nature of the
and, if more than one, the number transaction of shares held by each of them Transfer of common shares from Neil McConachie Neil McConachie to spouse Lorraine McConachie Lorraine McConachie
9. Number of shares, debentures or 10. Percentage of issued class
financial instruments relating to acquired (treasury shares of the shares acquired class should not be taken into account when calculating 144,975 percentage) 0.0910%
11. Number of shares, debentures or 12. Percentage of issued class
financial instruments relating to disposed (treasury shares of the shares disposed class should not be taken into account when calculating 144,975 percentage) 0.0910%
13. Price per share or value of 14. Date and place of transaction transaction 20 March 2012 - London, England Transferred for nil consideration 15. Total holding following 16. Date issuer informed of
notification and total percentage transaction holding following notification (any treasury shares should not 20 March 2012 be taken into account when calculating percentage) Neil McConachie (Executive Director and President) - Nil (0.00%) Lorraine McConachie (connected person) - 144,975 (0.0910%)
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant 18. Period during which or date on which exercisable 19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) 21. Exercise price (if fixed at time 22. Total number of shares or of grant) or indication that debentures over which options
price is to be fixed at the time held following notification
of exercise 23. Any additional information 24. Name of contact and telephone
number for queries In addition to the securities noted in question 15 above, Neil Christopher Head + 44 (0) 207 McConachie also holds the 264 4145 following interests in the Company: Restricted Share Scheme Awards Bonus Deferral Plan*- 103,639 *vesting is subject to time and employment conditions only Restricted Share Scheme Awards- 561,327** **Pursuant to the Rules of the Restricted Share Scheme, the number of shares that will actually vest depends on the satisfaction of certain conditions including employment, performance and time conditions. N.B: The 144,975 shares which are the subject of this notification have been transferred for nil consideration to the connected person for tax reasons
Name of authorised official if issuer for making notification
Christopher Head Assistant Company Secretary 21 March 2012
XLONRelated Shares:
Lancashire Holdings