Company: AHL
Filing Date: 2025-08-27
Form Type: 6-K
Source: 0001267395-25-000058
Chunk: 1

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-08-27
Form: 6-K
Chunk 1
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 wholly owned subsidiary of Parent) will be automatically converted into the right to receive an amount in cash equal to $37.50, without interest (the “ Merger Consideration ”). At the Effective Time, each issued (a) 5.625% Perpetual Non-Cumulative Preference Share (the “ 5.625% PRD Preference Shares ”), (b) Depositary Share, each representing a 1/1000th interest in a share of 5.625% Perpetual Non-Cumulative Preference Share (the “ 5.625% PRE Preference Shares ”) and (c) Depositary Share, each representing a 1/1000th interest in a share of 7.000% Perpetual Non-Cumulative Preference Shares (the “ 7.000% PRF Preference Shares ” and, collectively with the 5.625% PRD Preference Shares and the 5.625% PRE Preference Shares, the “ Preference Shares ”) of Aspen by virtue of the Merger and without any action on the part of the holder thereof will be automatically converted into a fully paid preference share of the Surviving Company, in each case, entitled to the same dividend and all other preferences and privileges, rights, qualifications, limitations, and restrictions set forth in the applicable certificate of designations of each Preference Share, which such certificate of designation shall remain at and following the Effective Time in full force and effect.

At the Effective Time, each outstanding and unexercised stock option award (a “ Company Option Award ”) that has an exercise price per Company Share less than the Merger Consideration will be canceled and converted into a contingent right to receive an amount in cash, without interest, equal to the product of (a) the amount by which the Merger Consideration exceeds the applicable per share exercise price of the Company Option Award and (b) the number of Company Shares subject to the Company Option Award (a “ Restricted Option Award ”), and each Company Option Award with an exercise price per Company Share equal to or greater than the Merger Consideration will be cancelled for no consideration. Additionally, at the Effective Time, each outstanding restricted share unit award (a “ Company RSU Award ”) will be canceled and converted into a contingent right to receive an amount in cash, without interest, equal to the product of (x) the Merger Consideration and (y) the number of Company Shares subject to the Company RSU Award (together with the Restricted Option Awards,