Omega Underwriting Agents Ltd

Subject: Omega Insurance Holdings Limited and Barbican Group Holdings Limited

Syndicate(s) Affected: 958

 

Omega Underwriting Agents Limited (“OUAL”) makes the following announcement for the purposes of Lloyd’s Auctions 2011.

OUAL notes the RNS announcement made on 22 September, 2011 by Barbican Group Holdings Limited, in reference to OUAL’s ultimate holding company, Omega Insurance Holdings Limited, extracted as follows:-

“Statement Re Omega Insurance Holdings Limited ("Omega") 

The Directors of Barbican Group Holdings Limited ("Barbican") have noted the recent announcement made by the Board of Omega Insurance Holdings Limited ("Omega") and the Board of Haverford (Bermuda) Limited ("HBL") in relation to the partial cash offer for shares in Omega by HBL, and the subsequent announcement by Canopius Group Limited ("Canopius"). On 13 June 2011, Barbican announced its interest in pursuing a business combination with Omega.  Barbican hereby confirms that it has submitted a proposal to Omega, described herein, with regard to a potential combination of the two businesses.”

The full text of the RNS Announcement is published on the London Stock Exchange website: www.londonstockexchange.com/exchange/news/market-news/market-news-home.html .

This announcement is issued and has been approved for the purposes of Section 21 of the Financial Services and Markets Act 2000 by Omega Underwriting Agents Limited which is authorised and regulated by the Financial Services Authority.

 

Date issued: 26 September 2011

 

Contact Information

Agency contact name: David Reed, Managing Director

Agency contact no: + 44 (0)207 767 3000

 

For auction office use only: D2011026

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