Zurich, October 30, 2008 – Zurich Financial Services, Mythenquai 2, 8002 Zurich (Zurich), announces, in accordance with articles 15 and 17 of the SESTO-SFBC and in connection with article 20 of the Swiss Stock Exchange Law, a change in the composition of the group that holds own shares. The group, which held purchase positions of 3.776% and sale positions of 1.371% of the voting rights in Zurich as per October 24, 2008, is now composed as follows:
1. Identity of the individual group members: Zurich Financial Services, directly and indirectly through Zurich Group Holding, Mythenquai 2, 8002 Zurich, which in turn is held by Allied Zurich Limited, Station Road, Swindon, Wiltshire SN1 1EL, England, UK, and Zurich Financial Services. Allied Zurich Limited is held by Zurich Financial Services, which is the holding company of Zurich Financial Services Group. Furthermore, Zurich Financial Services is also holding shares indirectly through Zurich Insurance Company, Mythenquai 2, 8002 Zurich, and Zurich Life Insurance Company Ltd., Austrasse 46, 8045 Zurich. Zurich Life Insurance Company Ltd. is a subsidiary of Zurich Insurance Company which is a subsidiary of Zurich Group Holding and Zurich Financial Services.
2. Nature of agreement: Group of companies.
3. The purchase positions on its own registered shares includes 5,365,933 registered shares, which equals 3.776% of the share capital and the voting rights of Zurich according to the entry in the commercial register.
4. Zurich’s sale positions include 1,948,931 call options issued for employees. The exchange ratio for all options is 1:1. The options issued therefore equal 1.371% of the share capital and voting rights of Zurich according to the entry in the commercial register.
Option conditions:
|
Issue date |
Number of options |
Strike price
CHF |
Duration |
|
12/17/2001 |
28,731 |
322.30 |
04/30/2012 |
|
05/01/2002 |
174,638 |
331.10 |
04/30/2009 |
|
05/01/2002 |
2,154 |
387.50 |
12/31/2008 |
|
04/03/2003 |
128,390 |
120.50 |
04/02/2010 |
|
04/03/2004 |
267,455 |
213.25 |
04/02/2011 |
|
04/03/2005 |
624,834 |
206.40 |
04/02/2012 |
|
04/03/2006 |
441,338 |
308.00 |
04/02/2013 |
|
04/03/2007 |
281,391 |
355.75 |
04/02/2014 |
|
Total: |
1,948,931 |
|
|
5. Proxy for Group members: Zurich Financial Services, Ulrich Marti, Group Legal Department, Mythenquai 2, 8002 Zurich, Switzerland, phone: +41 (0)44 625 28 52, fax +41 (0)44 625 08 52.
