Certain Common Stock of Kinsale Capital Group, Inc. are subject to a Lock-Up Agreement Ending on 24-JAN-2017.
January 23, 2017
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Certain Common Stock of Kinsale Capital Group, Inc. are subject to a Lock-Up Agreement Ending on 24-JAN-2017. These Common Stock will be under lockup for 181 days starting from 27-JUL-2016 to 24-JAN-2017.
Details:
The directors, executive officers, the selling stockholders, and certain of significant stockholders have entered into a lock up agreement pursuant to which, they will not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of common stock or any securities convertible into or exercisable or exchangeable for common stock, for a period of 180 days from the date of the prospectus, without the prior written consent of J.P. Morgan Securities LLC.
Kinsale Capital Group, Inc. is a property and casualty insurance company that focuses on the excess and surplus lines (E&S) market in the United States. The Company markets and sells insurance products in approximately 50 states, the District of Columbia, the Commonwealth of Puerto Rico, and the United States Virgin Islands primarily through a network of independent insurance brokers. It writes an array of insurance coverages for risks that are unusual or hard to place in the standard insurance market. Its commercial lines offerings include commercial property, excess casualty, small business casualty, construction, general casualty, allied health, products liability, small business property, life sciences, entertainment, energy, professional liability, management liability, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad. It also writes homeowners coverage in the personal lines market.