8-K 1 a8-kartemisdec2019.htm 8-K Document

 
UNITED STATES
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): December 11, 2019 (December 6, 2019)
_________________________________
Watford Holdings Ltd.
(Exact name of Registrant as Specified in its Charter)
_________________________________
Bermuda
 
001-38788
 
98-1155442
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

Waterloo House, 1st Floor
100 Pitts Bay Road, Pembroke HM 08
Bermuda
(Address of Principal Executive Offices) (Zip Code)
 
+1 (441) 278-3455
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company



If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Shares
WTRE
Nasdaq Global Select Market
8½% Cumulative Redeemable Preference Shares
WTREP
Nasdaq Global Select Market

 




Item 8.01
Other Events.

On December 6, 2019, Watford Holdings Ltd. (the “Company”) entered into a share purchase agreement with April S.A. (together with its consolidated subsidiaries, the “APRIL Group”) for the acquisition of the group's subsidiary, Axeria IARD (“Axeria”), a property and casualty insurance company based in France. Pursuant to the agreement, the Company will acquire 100% of the capital stock of Axeria from the APRIL Group. The completion of the acquisition is subject to regulatory approval and other customary closing conditions, and is expected to close in the spring of 2020.

Axeria is headquartered in Lyon, France, with branch offices in Lille and Bordeaux and is active in the French and EU commercial property and casualty insurance market with annual, in-force gross premiums written of approximately €140 million.






SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Watford Holdings Ltd.
By:
/s/ John Rathgeber
Name: John Rathgeber
Title: Chief Executive Officer
Date:    December 11, 2019