The Ardonagh Group Prices Mirror Notes Offering
05 November 2018 This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such […]
The Ardonagh Group announces sale of Commercial MGA Lines
01 November 2018 The Ardonagh Group (“the Group”) today announces it has entered into an agreement to sell its Commercial MGA businesses to Arch UK Holdings Limited (“Arch”) which is conditional upon performance criteria for a consideration of up to £31 million. From 1 January 2019, the books of business supporting the information to renew […]
The Ardonagh Group announces release of Shareholder Written Resolution – October 2018
29 October 2018 The Ardonagh Group announces the release of a Shareholder Written Resolution relating to an acquisition of assets with a Fair Market Value (as defined in the SHA) exceeding £15 million, the issue of Equity Interests (as defined in the SHA) as the consideration for such acquisition, the subsequent conversion of such Equity […]
The Ardonagh Group Launches Mirror Notes Offering
29 October 2018 This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such […]
The Ardonagh Group announces sale of Direct Group’s Claims business
16 October 2018 The Ardonagh Group (“the Group”) today announces it has entered into an agreement to sell Direct Group’s (“DG”) claims business to Davies Group for an amount of up to £36 million dependent upon performance. Under the terms of the deal, Direct Group’s 360-strong claims team, led by Managing Director Russell Crewe, will […]
Ardonagh Raises £70,000 for Act and Mind
On 5 October 2018, The Ardonagh Group held the second instalment of Go Green Day – a nation-wide fundraiser supporting the Group’s registered charity, Ardonagh Community Trust (ACT), and national charity partner Mind. This year it was dubbed ‘Go Green Day 2.0 – the challenge edition’, a day filled with creativity, passion and community spirit […]