23rd Dec 2009 17:49
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 (the "Company") 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, (ii) a disclosure made in accordance with LR 9.8.6R(1)
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 director named in 3 and identify connected person N/A
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 Person 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 Purchase of shares Neil 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 15,000 percentage) 0.009%
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 N/A percentage) N/A
13. Price per share or value of 14. Date and place of transaction transaction 22 December 2009, London GBP4.30 15. Total holding following 16. Date issuer informed of
notification and total percentage transactions holding following notification (any treasury shares should not 22 December 2009 be taken into account when calculating percentage) 239,270 (0.14%)
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 Greg Lunn +1 441 278 8953 McConachie also holds the following interests in the Company: Restricted Share Scheme - 232,599 Long Term Incentive Plan - 333,348 Time vesting warrants - 770,870 Performance warrants - 389,008
Name of authorised official if issuer making notification
Greg Lunn Company Secretary 23 December 2009
Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4
1. An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and
24.
2. An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and
24.
3. An issuer making a notification in respect of options granted to a director
/person discharging managerial responsibilities should complete boxes 1 to
3 and 17 to 24.
4. An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
vendorRelated Shares:
Lancashire Holdings