Lloyd’s Capacity Auctions
Auction Newsletter no 4
Notification to the auction office
The following disclosure notices have been posted on the lloyds.com website since Auction Newsletter no two was published on 28 September 2015:
D2015015 to D2015016
These notices are available on the disclosure section of the capacity website:
Auction 2 – reminder of dates/times
Auction 2 will be held on Wednesday 7 and Thursday 8 October 2015.
The Auction system will be open for bid submission at the following times:
Wednesday (Day 1) from 9am until 1pm
Thursday (Day 2) from 10am until 2pm
Bid Staging & Submission
The auction office will be opening Auction 2 for Issuers to prepare and stage their bids from 10am on Tuesday 6 October ahead of the live auction being opened at 9am on Wednesday
If you have any problems accessing the system, please contact the auction office as below:
Pre-emption, de-emption, mergers and cessations
The details given are of proposed pre-emptions and de-emptions, all of which are subject to approval by Lloyd’s Performance Management Directorate which is expected by 23 October 2015.
Please note: this is for information only. The necessary percentages/data on confirmed changes will be forwarded electronically by Lloyd’s Market Services to the relevant Members’ Agents to update their systems accordingly.
Auction Office contact details:
Sally Dunning 01634 392486, Claire Sheahan 01634 392904 or Graham Bonner 01634 392056