Transaction in Own Shares

RNS Number : 3840B
Lancashire Holdings Limited
15 August 2008
 



Lancashire Holdings Ltd

  


HamiltonBermuda15 August 2008


Transaction in own shares 
 
Lancashire Holdings Ltd announces that it has purchased 300,000 Ordinary Shares at an average price of 325.58 pence per share ($6.09 per share at the current exchange rate).

The highest price and the lowest price paid for these shares were 326.26 pence and 325 pence respectively. All the purchased shares will be held as Treasury shares.
 
Following the above purchase, the Company holds 8,638,243 Ordinary Shares in Treasury. 


The Company has 173,644,852 Ordinary Shares in issue (excluding Treasury shares). 

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules. 


For further information, please contact:


Lancashire Holdings Limited 

Greg Lunn                     +1 441 278 8950


Financial Dynamics                                                                   

Rob Bailhache               +44 20 7269 7200

Nick Henderson  


Merrill Lynch International

Marcus Jackson            +44 20 7628 1000


Numis Securities 

Charles Farquhar          +44 20 7260 1233                        

                    


About Lancashire

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global provider of specialty insurance products. Its insurance subsidiaries carry the Lancashire group rating of A minus (Excellent) from A.M. Best with a stable outlook. Lancashire has capital in excess of $1 billion dollars and its Common Shares trade on AIM under the ticker symbol LRE. Lancashire is headquartered at Mintflower Place8 Par-La-Ville RoadHamilton HM 08, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. For more information on Lancashire, visit the company's website at www.lancashiregroup.com



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