Additional Listing
26 Mai 2006 - 9:02AM
UK Regulatory
RNS Number:6226D
Benfield Group Limited
26 May 2006
BENFIELD GROUP LIMITED
Benfield, the world's leading independent reinsurance and risk intermediary, has
announced today that an application has been made to the UK Listing Authority
and the London Stock Exchange for an additional block listing of 16 million
Common shares of #0.01 each to trade on the London Stock Exchange. These shares
will be admitted to the Official List upon issuance. These shares will rank pari
passu with the existing issued shares of the Company.
The block listing is pursuant to potential issuance under the following schemes:
13,000,000 shares under the 2002 Incentive Plan and;
3,000,000 shares under the 2003 Performance Incentive Plan
The total inclusive of the additional listing pursuant to each scheme is as
follows:-
3,203,993 shares under the 1998 Share Option Scheme
1,338,690 shares under the 2001 Deferred Share Unit ("DSU") Retention Plan
12,897,425 shares under the 2002 Incentive Plan
3,000,000 shares under the 2003 Performance Incentive Plan
The current issued share capital is 234,071,762 Common shares of #0.01 each. The
enlarged issued share capital pursuant to the potential issuance will be
250,071,762 Common shares.
/ends....
For further information, please contact:
Investors & Analysts
Julianne Jessup Benfield +44 (0)20 7578 7425
Robert Bailhache Financial Dynamics +44 (0)20 7269 7200
Media
David Bogg Benfield +44 (0)20 7522 4016
Peter Rigby Haggie Financial +44 (0)20 7417 8989
Benfield is the world's leading independent reinsurance and risk intermediary.
Its customers include many of the world's major insurance and reinsurance
companies as well as government entities and global corporations. Benfield
operates from more than 40 locations worldwide. The company is listed on the
London Stock Exchange under the ticker symbol BFD. www.benfieldgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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