Holding in Company
January 09 2002 - 9:00AM
UK Regulatory
RNS Number:7174P
Axis-Shield PLC
9 January 2002
ANNOUNCEMENT TO THE OSLO STOCK EXCHANGE AND LONDON STOCK EXCHANGE
On 9 January 2002, it was intimated to Axis-Shield plc that Nextra Asset
Management SGR (formerly Intesa) Funds PMI Atlante and PMI Europe had reduced
its shareholding in Axis-Shield plc from 1,750,000 Ordinary Shares to zero
between the period 11 October 2001 and 5 November 2001.
The transactions took place as follows:-
Date No. of Shares Price
11 October 2001 800,000 2.79 GBP
15 October 2001 100,000 2.80 GBP
23 October 2001 50,000 2.80 GBP
26 October 2001 325,000 2.80-2.85 GBP
5 November 2001 475,000 3.10 GBP
This announcement requires to be made on the London Stock Exchange and is
repeated in Norway for Oslo Stock Exchange purposes in accordance with the
"equivalent information" rule (Rule 9.9 of the UK Listing Authority Rules).
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