8-K 1 a11-26250_18k.htm 8-K

 

 

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

 

September 8, 2011

Date of Report (Date of earliest event reported)

 

Arch Capital Group Ltd.

(Exact name of registrant as specified in its charter)

 

Bermuda

 

0-26456

 

N/A

(State or other

 

(Commission File Number)

 

(I.R.S. Employer

jurisdiction of

 

 

 

Identification No.)

incorporation or

 

 

 

 

organization)

 

 

 

 

 

Wessex House, 45 Reid Street, Hamilton HM 12, Bermuda

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:

(441) 278-9250

 

N/A

(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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

ITEM  8.01     Other Events.

 

Preferred Share Dividends.  On September 8, 2011, the Board of Directors (the “Board”) of Arch Capital Group Ltd. (“ACGL”) declared dividends with respect to the outstanding (1) 8,000,000 shares of its 8.00% Non-Cumulative Preferred Shares, Series A, $0.01 per share (the “Series A Shares”), with a liquidation preference of $25.00 per share, and (2) 5,000,000 shares of its 7.875% Non-Cumulative Preferred Shares, Series B, $0.01 per share (the “Series B Shares”), with a liquidation preference of $25.00 per share, as outlined below.  All such dividends will be payable out of lawfully available funds for the payment of dividends under Bermuda law on November 15, 2011 to holders of record of the Series A Shares and the Series B Shares, as applicable, as of November 1, 2011, unless determined otherwise by the Board or the Executive Committee of the Board on or prior to the applicable effective date.

 

 

Series

 

Effective Date
for Declaration

 

Dividend Period

 

Dividend Amount

 

Rate Per Share

Series A

 

9/30/11

 

8/15/11-9/30/11

 

$

2,044,444

 

$

0.2556

 

 

11/14/11

 

10/1/11-11/14/11

 

1,955,556

 

0.2444

 

 

 

 

 

 

$

4,000,000

 

$

0.50

 

 

 

 

 

 

 

 

 

Series B

 

9/30/11

 

8/15/11-9/30/11

 

$

1,257,813

 

$

0.2516

 

 

11/14/11

 

10/1/11-11/14/11

 

1,203,125

 

0.2406

 

 

 

 

 

 

$

2,460,938

 

$

0.4922

 

2


 

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.

 

 

ARCH CAPITAL GROUP LTD.

 

 

 

 

Date: September 12, 2011

By

/s/ Dawna Ferguson

 

 

Name:

Dawna Ferguson

 

 

Title:

Secretary

 

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