RNS Number : 5903I
Hardy Underwriting Bermuda Ld
15 March 2010
Financial Services Authority
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer Hardy Underwriting Bermuda Ltd
of existing shares to which voting rights are
attached:
2. Reason for the notification(please tick the appropriate box or boxes):
An acquisition or disposal of voting rights Yes
An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached.
An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the Legal & General Group Plc (L&G)
notification obligation:
4. Full name of shareholder(s) Legal & General Assurance (Pensions Management) Limited
(if different from 3.): (PMC)
10 March 2010
5. Date of the transaction and date on
which the threshold is crossed or
reached:
6. Date on which issuer notified: 12 March 2010
7. Threshold(s) that is/are crossed or L&G (From 5% to 4%)
reached:
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction
if possible using
the ISIN CODE
Number Number Number of voting % of voting rights
of of Number rights
Shares Voting of shares
Rights
Direct Indirect Direct Indirect
Ordinary 20p 2,734,735 2,565,676 2,565,676 4.99%
(As on 03/02/2010)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Number of voting
Type of financial Expiration Exercise/ rights that may be % of voting
instrument date Conversion Period acquired if the rights
instrument is
exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date Exercise/ Number of voting rights instrument refers to % of voting rights
instrument Conversion period
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
4.99%
2,565,676
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Legal & General Group Plc (Direct and Indirect)
(Group) (3,601,145 - 7.01%= Total Position)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect) (3,601,145 -
7.01%= Total Position)
Legal & General Investment Management Limited
(Indirect) (LGIM) (3,601,145 - 7.01%= Total
Position)
Legal & General Group Plc (Direct) (L&G) (2,565,676 - 4.99%=LGAS, LGPL &
PMC)
Legal & General Investment Legal & General Insurance Holdings Limited
Management (Holdings) Limited (Direct) (LGIH)
(Direct) (LGIMHD) (1,992,369 -
3.88%= PMC)
Legal & General Assurance Legal & General Assurance Society Limited
(Pensions Management) Limited (LGAS & LGPL)
(PMC) (1,992,369 - 3.88%= PMC)
Legal & General Pensions Limited (Direct)
(LGPL)
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease
to hold:
N/A
12. Date on which proxy holder will cease to hold
voting rights:
N/A
13. Additional information:
Notification using the total voting rights figure of 51,321,361
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:
020 3124 3851
This information is provided by RNS
The company news service from the London Stock Exchange
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