Subject: MAP Capital Ltd
Syndicate Affected: 2791
MAP Capital Ltd is a corporate member through which certain third parties, and some staff of Managing Agency Partners Limited, participate on S2791.
MAP Capital Ltd is not directly owned or controlled by Managing Agency Partners Limited however there are directors and owners in common and so MAP Capital Ltd is considered a ‘connected person’ within the context of the Lloyd’s capacity auction framework.
MAP Capital Ltd has been instructed by a third party shareholder to participate in Auction 3 on their behalf.
Accordingly, MAP Capital Ltd will tender £33.25m of capacity in Auction 3 at a price of 45p.
Date issued: 11 November 2016
Agency contact name: Anne Mount/ Paul Langridge
Agency contact no: + 44 (0)20 7709 3860
For auction office use only: D2016016
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