Enstar Group Limited Announces Quarterly Preference Share Dividends
February 05 2020 - 4:16PM
Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that
it will pay cash dividends on its Series D and Series E preference
shares.
Dividends on Enstar’s Series D 7.00%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares
of $0.43750 per depositary share (each of which represents a
1/1,000th interest in a Series D Preference Share) will be payable
on March 2, 2020 to shareholders of record on
February 15, 2020.
Dividends on Enstar’s Series E 7.00% Perpetual
Non-Cumulative Preference Shares of $0.43750 per depositary share
(each of which represents a 1/1,000th interest in a Series E
Preference Share) will be payable on March 2, 2020 to
shareholders of record on February 15, 2020.
About Enstar
Enstar is a multi-faceted insurance group
that offers innovative capital release solutions and specialty
underwriting capabilities through its network of group companies
in Bermuda, the United States, the United Kingdom,
Continental Europe, Australia, and other international
locations. Enstar is a market leader in completing legacy
acquisitions, having acquired approximately 100 companies and
portfolios since its formation in 2001. Enstar’s active
underwriting businesses include the StarStone group of companies,
an A- rated global specialty insurance group with multiple global
underwriting platforms, and the Atrium group of companies, which
manage and underwrite specialist insurance and reinsurance business
for Lloyd’s Syndicate 609. For further information
about Enstar, see www.enstargroup.com.
Cautionary Statement
This press release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements include
statements regarding the intent, belief or current expectations of
Enstar and its management team. Investors are cautioned that any
such forward-looking statements speak only as of the date they are
made, are not guarantees of future performance and involve risks
and uncertainties, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors. Important risk factors regarding Enstar can be
found under the heading "Risk Factors" in Enstar's Form 10-K for
the year ended December 31, 2018 and are incorporated herein
by reference. Furthermore, Enstar undertakes no obligation to
update any written or oral forward-looking statements or publicly
announce any updates or revisions to any of the forward-looking
statements contained herein, to reflect any change in its
expectations with regard thereto or any change in events,
conditions, circumstances or assumptions underlying such
statements, except as required by law.
Contact: Guy
BowkerTelephone: +1 (441) 292-3645
Enstar (NASDAQ:ESGR)
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