Company: AHL
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001628280-25-020463
Chunk: 104

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-04-29
Form: F-1/A
Chunk 104
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 us as confidential information and shall be used by us solely for the purpose of establishing whether any 9.5% U.S. Shareholder exists (except as otherwise required by applicable law or regulation).

Our multiple class share structure could impact our ability to engage in certain transactions, change the composition of the Board and prohibit us from paying dividends to our ordinary shareholders.

Following the completion of this offering, we will continue to have one class of authorized and issued ordinary shares and one class of authorized and issued Preference Shares. Our authorized and issued Preference Shares currently consist of three series, which are the AHL PRD Shares, the AHL PRE Shares, which are represented by the AHL PRE Depositary Shares, and the AHL PRF Shares, which are represented by the AHL PRF Depositary Shares. As further discussed above under “—There are provisions in our bye-laws which may reduce or increase the voting

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rights of our ordinary shares,” in general, and except as provided therein, each ordinary share is entitled to one vote at any meeting of shareholders.

Holders of our Preference Shares and, in turn, the Depositary Shares have no voting rights with respect to matters that generally require the approval of voting ordinary shareholders. However, the limited voting rights of holders of our Preference Shares include the right to vote as a class on certain matters that affect the preference or special rights of our Preference Shares, such as (1) the authorization or issuance of any class or series of shares ranking senior to our Preference Shares as to dividend rights or rights upon liquidation and (2) for amendments to our memorandum of association or our bye-laws that would materially adversely affect the rights of holders of our Preference Shares, in each case as further described under “Description of Share Capital—Outstanding Series of Preference Shares—Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares,” “—5.625% Perpetual Non-Cumulative Preference Shares,” “—5.625% Perpetual Non-Cumulative Preference Shares Represented by AHL PRE Depositary Shares” and “—7.00% Perpetual Non-Cumulative Preference Shares Represented by AHL PRF Depositary Shares.” Accordingly, our ability to engage in certain transactions may be constrained by the voting rights of holders of our Preference Shares, which may deprive you of an opportunity to receive a premium for your ordinary shares as part of a sale of the Company and ultimately might affect the market price of our ordinary shares.

In addition, if dividends