8-K: Current report filing
Published on July 11, 1997
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 11, 1997
RENAISSANCERE HOLDINGS LTD.
(Exact name of registrant as specified in charter)
Bermuda 34-0-26512 98-013-8020
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Renaissance House, 8-12 East Broadway HM 19
Pembroke, Bermuda (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (441) 295-4513
Not Applicable
(Former name or former address, if changed from last report)
Item 5. Other Events
On July 11, 1997, RenaissanceRe Holdings Ltd., a Bermuda company (the
"Company"), issued a press release announcing that the Company had received
notice from Merrill Lynch & Co., as representative of the several underwriters
of the public offering of 3,000,000 of the Company's common shares, par value
$1.00 per share (the "Common Shares"), held by certain shareholders of the
Company (the "Selling Shareholders"), that the underwriters intend to exercise a
portion of their over-allotment option and purchase an aggregate of 376,800
additional Common Shares (the "Option Shares") from certain of the Selling
Shareholders. The closing of the sale of the Option Shares to the underwriters
is scheduled to occur on July 14, 1997.
Giving effect to the sale of the Option Shares, Warburg, Pincus
Investors, L.P., PT Investments, Inc., GE Investment Private Placement Partners
I - Insurance, Limited Partnership and United States Fidelity and Guaranty
Company will own 25.0%, 15.1%, 2.8% and 11.5%, respectively, of the Company's
outstanding equity and 28.1%, 6.7%, 1.1% and 12.9%, respectively, of the
Company's outstanding voting power.
A copy of the above-described Press Release is included herewith as
Exhibit 99.1 and incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
Exhibit Number Description of Exhibit
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99.1 Press Release issued by the Company, dated July 11, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RENAISSANCERE HOLDINGS LTD.
/s/ Keith S. Hynes
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Name: Keith S. Hynes
Title: Senior Vice President
and Chief Financial Officer
July 11, 1997
EXHIBIT INDEX
Exhibit
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99.1 Press Release of the Company, dated July 11, 1997.