Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 132

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 132
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             |   |
| Total Shareholders’ Equity                                                                                                                                                                                                                                       |     | $                                   | 3,371.9 |     | $           |   |
| Total Capitalization                                                                                                                                                                                                                                             |     | $                                   | 3,671.9 |     | $           |   |

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(1) Does not reflect letters of credit outstanding under our letter of credit facilities and revolving credit facility. For a discussion of the letter of credit facilities and revolving credit facility we have entered into, see “Management’s Discussion and Analysis of Financial Condition and Results of Operation—Liquidity and Capital Resources” and “Note 24—Credit Facilities and Long-term Debt” to our audited consolidated financial statements included elsewhere in this prospectus.

(2) As of December 31, 2024, we had undrawn commitments available for borrowings under our revolving credit facility of up to $300.0 million (there were no outstanding letters of credit under such facility as of such date). We have the option to increase the aggregate amount of our revolving credit facility by up to $100.0 million, subject to certain conditions. Aspen Holdings and certain of its direct or indirect subsidiaries are the borrowers under such revolving credit facility and Aspen Holdings has guaranteed the borrowings of any such subsidiary borrowers under our revolving credit facility.

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(3) On January 1, 2025, we redeemed our AHL PRC Shares for an aggregate redemption price of $275.0 million.

(4) The liquidation preference is reflected net of issuance costs.

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### DILUTION
All of our ordinary shares being sold in this offering were issued and outstanding prior to this offering. As a result, this offering will not have a dilutive effect on our ordinary shareholders. As of December 31, 2024, we had a total net tangible book value of $ million, corresponding to a net tangible book value of $ per ordinary share. Net tangible book value represents the amount of our total assets less our total liabilities, excluding goodwill and other intangible assets. Net tangible book value per ordinary share represents net tangible book value available to ordinary shareholders divided by , the total number of our ordinary shares outstanding at December 31, 2024.

The following table summarizes, as of December 31, 2024, the number of our ordinary shares, the total consideration and the average price per share (1)