TIDMARCH

RNS Number : 0455L

ARC Capital Holdings Limited

22 April 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying             ARCH Capital Holdings LTD 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
-----------------------------------------------------------------------------  ------- 
 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        Reporting of holding (as first reporting went               X 
  specify):            lost) 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                Progressive Capital Partners LTD 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                           Progressive Opportunity Fund 
  (if different from 3.):(iv)                                           Qualitium HFoF 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                         12/12/2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                           16/12/2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                            5.86 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the triggering 
 of              to the triggering                 transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------  ------------------------------------------------------------------------ 
                Number           Number           Number         Number of voting           % of voting rights 
                 of               of               of shares      rights                     (x) 
                 Shares           Voting 
                                  Rights 
-----------    ---------------  ---------------  -------------  -------------------------  ------------------------------ 
                                                  Direct         Direct (xi)     Indirect   Direct           Indirect 
                                                                                  (xii) 
-----------    ------  -------    ------  -----  -------------  --------------  ---------  ---------------  ------------- 
    Equity                                         13'361'220     13'361'220                     5.86 
               ---------------  ---------------  -------------  --------------  ---------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration         Exercise/                    Number of voting               % of voting 
  instrument             date (xiii)        Conversion Period            rights that may                rights 
                                            (xiv)                        be 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
---------------------  -----------------  ---------------------------  -----------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of      Exercise             Expiration     Exercise/      Number of voting                % of voting rights 
 financial     price                date (xvii)    Conversion     rights instrument               (xix, xx) 
 instrument                                        period         refers to 
                                                   (xviii) 
-----------  -------------------  -------------  -------------  ------------------------------  ------------------------- 
                                                                                                 Nominal        Delta 
-----------  -------------------  -------------  -------------  ------------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ----------------------------------------------------------- 
 13'361'220                                                    5.86 
------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                   Daniel von Allmen 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                       +41 41 561 40 80 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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