6th Feb 2006 07:01
BRIT Insurance Holdings PLC06 February 2006 Immediate Release 6 February 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO ORFROM THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELANDOR JAPAN Brit Insurance Holdings PLC Results of Tender Offer for all of the 8.5% Unsecured Subordinated Loan Stock 2008 Brit Insurance Holdings PLC ("the Company"), the UK-based international generalinsurer and reinsurer, today announces the results of its offer to purchase bytender all of the Company's outstanding 8.5% Unsecured Subordinated Loan Stock2008 ("Loan Stock"): Total number of units of Loan Stock in issue as at the record date: 40,309,683 Total number of units of Loan Stock validly tendered: 19,584,970 Percentage of units of Loan Stock validly tendered: 48.6% The terms of the Tender Offer were set out in the circular to Loan Stock holdersdated 12 January 2006. Cheques will be despatched, or appropriate arrangementsmade in accordance with the CREST assured payment arrangements, by no later thanFriday 10 February 2006. -ENDS- Enquiries Dane Douetil/Matthew Scales, Brit Insurance Holdings PLC 020 7984 8500David Haggie/Peter Rigby, Haggie Financial 020 7417 8989 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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