Aspen Declares Dividends on Ordinary Shares and Perpetual Preference Shares
October 28 2015 - 11:20AM
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 $0.21 per ordinary share. The dividend
is payable on December 1, 2015 to the holders of record as of the
close of business on November 13, 2015.
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 January 1, 2016 to the holders of record as
of the close of business on December 15, 2015.
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 January 1, 2016 to the holders of record as
of the close of business on December 15, 2015.
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 January 1, 2016 to the holders of
record as of the close of business on December 15, 2015.
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 Australia, Bermuda, France, Germany,
Ireland, Singapore, Switzerland, the United Kingdom and the United
States. For the year ended December 31, 2014, Aspen reported $10.7
billion in total assets, $4.8 billion in gross reserves, $3.4
billion in total shareholders’ equity and $2.9 billion in gross
written premiums. Its operating subsidiaries have been assigned a
rating of “A” (“Strong”) by Standard & Poor’s Financial
Services, an “A” (“Excellent”) by A.M. Best Company Inc. and an
“A2” (“Good”) by Moody’s Investor Service, Inc.
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,” “assume,” “objective,”
“target,” “intend,” “plan,” “believe,” “do not believe,” “project,”
“anticipate,” “seek,” “will,” “likely,” “estimate,” “may,”
“guidance,” “outlook,” “trends,” “future,” “could,” “would,”
“should,” “aim,” “continue,” “on track” 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, 2014 filed with the U.S. Securities
and Exchange Commission on February 23, 2015. Aspen undertakes no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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For further
information:Please visit www.aspen.co or
contact:InvestorsAspenMark Jones, +1-646-289 4945Senior Vice
President, Investor
Relationsmark.p.jones@aspen.coorMediaAspenKaren Green, +44
20 7184 8110Office of the CEOKaren.green@aspen.coorInternational –
Citigate Dewe RogersonCaroline Merrell, +44 20 7638
9571caroline.merrell@citigatedr.co.ukorJos Bieneman, +44 20 7638
9571jos.bieneman@citigatedr.co.ukorNorth America – Abernathy
MacGregorCarina Davidson, +1 212-371 5999ccd@abmac.comorAllyson
Vento, +1-212-371 5999amv@abmac.com
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