Director/PDMR Shareholding
05 Juli 2006 - 1:38PM
UK Regulatory
RNS Number:7130F
Benfield Group Limited
05 July 2006
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
Benfield Group Limited
2. Name of director
Paul Karon
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Non - Beneficial; sale by the Karon Family Foundation, a charitable foundation
established by Mr Karon's family.
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Paul Karon - 100,000 shares
Paul and Sarah Karon Family Limited Partnership - 405,000 shares
The Karon Family Foundation Inc - 50,000 shares
5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Paul Karon is the President of the Karon Family Foundation
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Sale of Common Shares of Benfield Group Limited
7. Number of shares / amount of stock acquired
Not applicable
8. Percentage of issued class
Not applicable
9. Number of shares/amount of stock disposed
50,000 shares in the name of The Karon Family Foundation Inc
10. Percentage of issued class
The Karon Family Foundation Inc - 0.02%
11. Class of security
Common Shares of #0.01 each
12. Price per share
#3.4775 per share
13. Date of transaction
4 July 2006
14. Date company informed
4 July 2006
15. Total holding following this notification
Paul Karon - 100,000 shares
Paul and Sarah Karon Family Limited Partnership - 405,000 shares
16. Total percentage holding of issued class following this notification
Paul Karon - 0.04%
Paul and Sarah Karon Family Limited Partnership - 0.17%
If a director has been granted options by the company please complete the
following boxes.
17. Date of grant
n/a
18. Period during which or date on which exercisable
n/a
19. Total amount paid (if any) for grant of the option
n/a
20. Description of shares or debentures involved: class, number
n/a
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
n/a
22. Total number of shares or debentures over which options held following this
notification
n/a
23. Any additional information
24. Name of contact and telephone number for queries
Jenny Hermon - 0207 522 4040
25. Name and signature of authorised company official responsible for making
this notification
Michael Cain - Head of Company Secretariat
Date of Notification
4 July 2006
The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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