Company: AHL
Filing Date: 2025-03-20
Form Type: F-1/A
Source: 0001628280-25-014149
Chunk: 129

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-03-20
Form: F-1/A
Chunk 129
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 Board may deem relevant. If we elect to pay dividends in the future, we may reduce or discontinue entirely the payment of such dividends at any time.

At the Board’s discretion, we declare and pay quarterly dividends on our AHL PRD Shares, our AHL PRE Shares, which are represented by AHL PRE Depositary Shares, each representing a 1/1000th interest in an AHL PRE Share, and our AHL PRF Shares, which are represented by AHL PRF Depositary Shares, each representing a 1/1000th interest in an AHL PRF Share. Such Preference Shares rank senior to our ordinary shares with respect to the payment of dividends and distributions of assets upon our liquidation, dissolution or winding-up. We have also historically paid dividends on our 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares (“AHL PRC Shares”); such AHL PRC Shares were redeemed on January 1, 2025 for an aggregate redemption price of $275.0 million.

On February 28, 2025 , the Board declared quarterly dividends in an aggregate amount of $3.5 million , $3.5 million and $5.5 million on our AHL PRD Shares, AHL PRE shares and AHL PRF Shares, respectively, and such dividends are payable on April 1, 2025 .

During the twelve months ended December 31, 2024, we paid aggregate dividends of $26.8 million, $14.1 million and $14.0 million on our AHL PRC Shares, AHL PRD Shares and AHL PRE Shares, respectively. Our AHL PRF Shares, which are represented by AHL PRF Depositary Shares, were issued on November 26, 2024 and dividends on such shares will be payable on a non-cumulative basis only when, as and if declared by the Board quarterly in arrears on January 1, April 1, July 1 and October 1 of each year, commencing on April 1, 2025; no dividends have been paid on such shares through December 31, 2024. During the twelve months ended December 31, 2023, we paid aggregate dividends of $21.7 million, $14.1 million and $14.1 million on our AHL PRC Shares, AHL PRD Shares and AHL PRE Shares, respectively. The terms of our Preference Shares contain restrictions on our ability to pay dividends to holders of our ordinary shares. For a more detailed