25th May 2012 18:36
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer Lancashire Holdings of existing shares to which voting rights are Limited attached:ii
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 An event changing the breakdown of voting rights
Other (please specify): 3. Full name of person(s) subject to the HSBC Holdings plc notification obligation:iii HSBC Global Asset Management (UK) Limited HSBC Global Asset Management (International) Limited 4. Full name of shareholder(s) The Bank of Bermuda (if different from 3.):iv Limited HSBC Bank plc HSBC Investment Management
5. Date of the transaction and date on which the threshold is crossed or 21st May 2012 reached: v 6. Date on which issuer notified: 24th May
2012
7. Threshold(s) that is/are crossed or Below 3%
reached: vi, vii 8. Notified details:
A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transaction of to the triggering shares transaction Number Number Number Number of voting % of voting rights xif possible of of of rights using Shares Voting shares the ISIN Rights CODE Direct Direct xi Indirect xii Direct Indirect BMG5361W1047 4,939,452 4,939,452 Below Disclosure Threshold N/A Below 3%
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration date Exercise Number of voting rights % of voting rightsfinancial price xvii / instrument refers to xix, xx instrument Conversion period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights Below Disclosure Threshold Below 3%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A Proxy Voting: 10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease
N/A to hold:
12. Date on which proxy holder will cease to hold
N/A voting rights: 13. Additional information: None 14. Contact name: Baljeet Gill
15. Contact telephone number: 0207 991
6555
XLONRelated Shares:
Lancashire Holdings