Aspen Declares Dividends on Ordinary Shares and Perpetual Preference Shares
July 22 2015 - 12:15PM
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 August 25, 2015 to the holders of record as of the
close of business on August 7, 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 October 1, 2015 to the holders of record as
of the close of business on September 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 October 1, 2015 to the holders of record as
of the close of business on September 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 October 1, 2015 to the holders of
record as of the close of business on September 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 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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version on businesswire.com: http://www.businesswire.com/news/home/20150722006080/en/
For further
information:Please visit www.aspen.co or
contact:InvestorsAspenKathleen de Guzman,
+1-646-289-4912Senior Vice President, Investor
Relationskathleen.deguzman@aspen.coorMark Jones,
+1-646-289-4945Vice President, Investor
Relationsmark.p.jones@aspen.coorMediaAspenSteve Colton, +44
20 7184 8337Group Head of
CommunicationsSteve.Colton@aspen.coorInternational – Citigate Dewe
RogersonCaroline Merrell or Jos Bieneman+44 20 7638
9571caroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.ukorNorth
America – Abernathy MacGregorCarina Davidson or Allyson
Vento+1-212-371-5999ccd@abmac.comamv@abmac.com
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