10th Mar 2008 17:35
Brit Insurance Holdings PLC10 March 2008 10 March 2008For immediate release Brit Insurance Holdings PLC Share buy-back Brit Insurance Holdings PLC ("the Company"), the UK-domiciled internationalgeneral insurance and reinsurance group, announces that in accordance withparagraph 12.4.6R of the Listing Rules and paragraph 5.5.1R of the Disclosureand Transparency Rules the Company has today purchased 500,000 Ordinary Sharesof 75 pence each at an average price of 215.28 pence per share using theauthority given by shareholders at its AGM held on 24 April 2007. The highest price and lowest price paid for these shares were 217.00 pence and213.25 pence respectively. All the purchased shares will be held as Treasury shares. Following the above purchase, the Company holds 15,814,412 Ordinary Shares inTreasury. In aggregate the number of Ordinary Shares held in Treasury represents4.80% of the voting rights attributable to the total issued share capital. The Company has 313,965,681 Ordinary Shares in issue (excluding Treasuryshares). The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company under the Disclosureand Transparency Rules. Enquiries Dane Douetil, 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:
BRE.L