Aspen Declares Dividends on Ordinary Shares and Perpetual Preference Shares
July 23 2014 - 12:55PM
Business Wire
The Board of Directors of Aspen Insurance Holdings Limited
(“Aspen”) (NYSE:AHL) has declared a quarterly cash dividend on
Aspen’s ordinary shares of $0.20 per ordinary share. The dividend
is payable on August 27, 2014 to the holders of record as of the
close of business on August 11, 2014.
Aspen’s Board of Directors also declared a dividend on its
7.401% Perpetual Non-Cumulative Preference Shares with a $25
liquidation preference per share (the “7.401% Perpetual Preference
Shares”) of $0.462563 per 7.401% Perpetual Preference Share. The
dividend is payable on October 1, 2014 to the holders of record as
of the close of business on September 15, 2014.
In addition, Aspen’s Board of Directors declared a dividend on
its 7.250% Perpetual Non-Cumulative Preference Shares with a $25
liquidation preference per share (the “7.250% Perpetual Preference
Shares”) of $0.4531 per 7.250% Perpetual Preference Share. The
dividend is payable on October 1, 2014 to the holders of record as
of the close of business on September 15, 2014.
The Board of Directors also declared a dividend on its 5.95%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares
with a $25 liquidation preference per share (the “5.95% Perpetual
Preference Shares”) of $0.3719 per 5.95% Perpetual Preference
Share. The dividend is payable on October 1, 2014 to the holders of
record as of the close of business on September 15, 2014.
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in
various domestic and global markets through wholly-owned
subsidiaries and offices in Bermuda, France, Germany, Ireland,
Singapore, Switzerland, the United Kingdom and the United States.
For the year ended December 31, 2013, Aspen reported $10.2 billion
in total assets, $4.7 billion in gross reserves, $3.3 billion in
shareholders’ equity and $2.6 billion in gross written premiums.
Its operating subsidiaries have been assigned a rating of “A”
(“Strong”) by Standard & Poor’s, an “A” (“Excellent”) by A.M.
Best and an “A2” (“Good”) by Moody’s.
Application of the Safe Harbor of the Private Securities
Litigation Reform Act of 1995
This press release may contain written “forward-looking
statements” within the meaning of the U.S. federal securities laws.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include all statements that do not
relate solely to historical or current facts, and can be identified
by the use of words such as “expect,” “intend,” “plan,” “believe,”
“do not believe,” “project,” “anticipate,” “seek,” “will,”
“likely,” “estimate,” “may,” “guidance,” “outlook,” “trends,”
“future,” “could,” “aim,” “continue,” and similar expressions of a
future or forward-looking nature.
All forward-looking statements rely on a number of assumptions,
estimates and data concerning future results and events and are
subject to a number of uncertainties and other factors, many of
which are outside Aspen’s control that could cause actual results
to differ materially from such statements. For a detailed
description of uncertainties and other factors that could impact
the forward-looking statements in this press release, please see
the “Risk Factors” section in Aspen’s Annual Report on Form 10-K
for the year ended December 31, 2013, filed with the U.S.
Securities and Exchange Commission on February 20, 2014. Aspen
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
For further
information:Please visit www.aspen.co or
contact:InvestorsAspenKerry Calaiaro, Senior Vice President,
Investor RelationsKerry.Calaiaro@aspen.co+1 (646) 502
1076orAspenKathleen de Guzman, Vice President, Investor
Relationskathleen.deguzman@aspen.co+1 (646) 289
4912orMediaAspenSteve Colton, Head of
CommunicationsSteve.Colton@aspen.co+44 20 7184 8337orInternational
– Citigate Dewe RogersonCaroline Merrell or Jos
Bienemancaroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.uk+44
20 7638 9571orNorth America – Abernathy MacGregorCarina Davidson or
Allyson Ventoccd@abmac.comamv@abmac.com+1 (212) 371 5999
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