Dealings by the Trustees EBT

RNS Number : 3217W
Catlin Group Limited
09 June 2008
 



Catlin Group Limited

9 June 2008



Dealings by the Trustees of the Catlin Group Employee Benefit Trust (the 'EBT')


Catlin Group Limited ('Company') received notice today that the Trustees of the EBT has acquired in London 563,231 common shares of $0.01 each in the capital of the Company as detailed below ('Shares'):


Number of Shares purchased

Average price paid per Share

Date of Purchase

240,071

£4.01

27 May 2008

255,263

£3.84

4 June 2008

67,897

£3.85

5 June 2008


The Shares represent 0.22% of the Company's issued share capital.


The EBT is a trust for the benefit of employees of the Catlin group who participate in the Company's share schemes including its Performance Share Plan ('PSP'). The Shares will vest to the same extent as underlying PSP awards. Any Shares that do not vest will revert to the Company.


Depending on the level of vesting, the following directors and persons discharging managerial responsibilities have a beneficial interest in the Company's Shares that have been acquired by the EBT in up to the following amounts:



Name

Status

Number of Shares 

Stephen Catlin

Director

30,181


Christopher Stooke

Director

19,784


Richard Banas

Person discharging managerial responsibilities

14,507

Paul Brand

Person discharging managerial responsibilities

22,479

Paul Jardine

Person discharging managerial responsibilities

19,798

Preben Prebensen

Person discharging managerial responsibilities

11,906


This notification is made in accordance with Rule 3.1.4R (1) (a) of the Disclosure and Transparency Rules.




This information is provided by RNS
The company news service from the London Stock Exchange
 
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