REG - JPMorgan Asset Mngt Catlin Group Limited - Dealing Disclosure- Catlin Group Limited <Origin Href="QuoteRef">CGL.L</Origin>

CastelnauAnnouncement

27/01/2015 23:53

RNS Number : 5957B
JPMorgan Asset Management
07 January 2015
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY 
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
1. KEY INFORMATION
(a) Full name of discloser:
JPMorgan Asset Management
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
 The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
 Use a separate form for each offeror/offeree
Catlin Group Ltd
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
Yes
Catlin Group Ltd
(e) Date position held/dealing undertaken:
 For an opening position disclosure, state the latest practicable date prior to the disclosure
06 January 2015
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
 If it is a cash offer or possible cash offer, state "N/A"
No
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:
Ordinary Share
Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
10,998,390
3.03


(2) Cash-settled derivatives:
1,954,002
0.54


(3) Stock-settled derivatives (including options) and agreements to purchase/sell:




 TOTAL:
12,952,392
3.57


All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security
Purchase/sale
Number of securities
Price per unit




(b) Cash-settled derivative transactions
Class of relevant security
Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities
Price per unit





(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security
Product description e.g. call option
Writing, purchasing, selling, varying etc.
Number of securities to which option relates
Exercise price per unit
Type
e.g. American, European etc.
Expiry date
Option money paid/ received per unit








(ii) Exercise
Class of relevant security
Product description
e.g. call option
Exercising/ exercised against
Number of securities
Exercise price per unit




(d) Other dealings (including subscribing for new securities)
Class of relevant security
Nature of dealing
e.g. subscription, conversion
Details
Price per unit (if applicable)



4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or 
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached?
No
Date of disclosure:
07 January 2015
Contact name:
Mariya Racheva
Telephone number:
020 7742 3558
Catlin is a Bermudian entity and is therefore not subject to the City Code. Shareholders of Catlin and others dealing are therefore not obliged to disclose any of their dealings under the provisions of the City Code. However, market participants are requested to make disclosures as if the City Code applied and as if Catlin were in an "offer period". 
Accordingly, public disclosures consistent with the provisions of Rule 8 of the City Code should be released directly through a Regulatory Information Service and should not be emailed to the Takeover Panel. 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Appendix - Details of trades for the period 17/12/2014 to 06/01/2015.
Equity trades:
Trade Date
Purchase/sale
Number of securities
Price per unit (GBP)
18/12/2014
19/12/2014
22/12/2014
23/12/2014
24/12/2014
29/12/2014
30/12/2014
31/12/2014
02/01/2015
05/01/2015
Sale
Purchase 
Purchase 
Purchase 
Purchase 
Purchase 
Purchase 
Purchase 
Purchase 
Purchase 
Sale
12,863 
317,327 
1,065,653 
481,109 
306,083 
90,121 
183,717 
85,967 
187,722 
9,939 
151,356 
115,107 
324,436 
381,051 
12,686
6.3625 
6.3976 
6.5089 
6.5247 
6.5715 
6.5460 
6.5971 
6.5989 
6.6068 
6.6200 
6.6134 
6.6200 
6.6259 
6.5747 
6.6500
CFD trades:
Trade Date
Purchase/sale
Number of securities
Price per unit (GBP)
18/12/2014
19/12/2014
22/12/2014
23/12/2014
24/12/2014
29/12/2014
30/12/2014
31/12/2014
02/01/2015
05/01/2015
Increasing a Long Position
 Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
Increasing a Long Position Increasing a Long Position
Increasing a Long Position
Increasing a Long Position
818,036 
25,397 
80,699 
34,785 
116,815 
52,738 
33,552 
19,758 
20,139 
9,423 
20,578 
2,178 
16,591 
12,618 
35,564
41,770
6.3485 
6.3500 
6.3318 
6.3976 
6.5089 
6.5247 
6.5715 
6.5460 
6.5971 
6.5989 
6.6068 
6.6200 
6.6134 
6.6200 
6.6259 
6.5747

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