Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
1. Name of the issuer 2. State whether the notification
related to (i) a transaction
Lancashire Holdings Limited notified in accordance with DTR
3.1.2 R, (ii) a disclosure made
in accordance with LR 9.8.6R(1)
or (iii) a disclosure made in
accordance with section 793 of
the Companies Act (2006)
(i)a transaction notified in
accordance with DTR 3.1.2 R3. Name of the person discharging 4. State whether notification
managerial responsibilities/ relates to a person connected
director with a person discharging
managerial responsibilities/
Neil McConachie (Executive director named in 3 and identify
Director and connected person
President) Lorraine McConachie5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives
person referred to in 3 or 4 or financial instruments relating
above or in respect of a to shares
non-beneficial interest
Common shares of US$0.50 each
Persons referred to at 3 above7. Name of registered shareholder(s) 8. State the nature of the
and, if more than one, the number transaction
of shares held by each of them
Transfer of common shares from
Neil McConachie Neil McConachie to spouse
Lorraine McConachie
Lorraine McConachie9. Number of shares, debentures or 10. Percentage of issued class
financial instruments relating to acquired (treasury shares of the
shares acquired class should not be taken into
account when calculating
144,975 percentage)
0.0910%11. Number of shares, debentures or 12. Percentage of issued class
financial instruments relating to disposed (treasury shares of the
shares disposed class should not be taken into
account when calculating
144,975 percentage)
0.0910%13. Price per share or value of 14. Date and place of transaction
transaction
20 March 2012 - London, England
Transferred for nil consideration
15. Total holding following 16. Date issuer informed of notification and total percentage transaction
holding following notification
(any treasury shares should not 20 March 2012
be taken into account when
calculating percentage)
Neil McConachie (Executive
Director and President) - Nil
(0.00%)
Lorraine McConachie (connected
person) - 144,975 (0.0910%)
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant 18. Period during which or date on
which exercisable
19. Total amount paid (if any) for 20. Description of shares or
grant of the option debentures involved (class and
number)
21. Exercise price (if fixed at time 22. Total number of shares or
of grant) or indication that debentures over which options
price is to be fixed at the time held following notification
of exercise 23. Any additional information 24. Name of contact and telephone
number for queries
In addition to the securities
noted in question 15 above, Neil Christopher Head + 44 (0) 207
McConachie also holds the 264 4145
following interests in the
Company:
Restricted Share Scheme Awards
Bonus Deferral Plan*- 103,639
*vesting is subject to time and
employment
conditions only
Restricted Share Scheme Awards-
561,327**
**Pursuant to the Rules of the
Restricted Share Scheme, the
number of shares that will
actually vest depends on the
satisfaction of certain
conditions including employment,
performance and time conditions.
N.B: The 144,975 shares which are
the subject of this notification
have been transferred for nil
consideration to the connected
person for tax reasons
Name of authorised official if issuer for making notification
Christopher Head
Assistant Company Secretary
21 March 2012