Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
EBIX INC
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(Name of Issuer)
Common Stock $.10 par value
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(Title of Class of Securities)
278715107
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(CUSIP Number)
29 April 2009
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
CUSIP No. 278715107
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1 NAME OF REPORTING PERSONS
Brit Insurance Holdings PLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
UK
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5 SOLE VOTING POWER
NUMBER OF SHARES 339,789
BENEFICIALLY ------------------------------------------------------------
OWNED BY EACH 6 SHARED VOTING POWER
REPORTING PERSON
WITH 0
------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
339,789
------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
339,789
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.42%
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12 TYPE OF REPORTING PERSON
CO/HC
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ITEM 1.
(a) Name of Issuer
EBIX INC
(b) Address of Issuer's Principal Executive Offices
5 Concourse Parkway, Suite 3200
Atlanta, Georgia, 30328
ITEM 2
(a) Name of Person Filing
Brit Insurance Holdings PLC
(b) Address of Principal Business Office or, if none, Residence
55 Bishopsgate, London EC2N 3AS, UK
(c) Citizenship
UK
(d) Title of Class of Securities
Common Stock $.10 par value
(e) CUSIP Number 278715107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-L(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: Not applicable
(a) |_| Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) |_| Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) |_| Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
(e) |_| An investment adviser in accordance with ss.240.l3d-l(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with
ss.240.l3d- l(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
ss. 240.l3d-l (b)(1)(ii)(G);
(h) |_| A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with ss.240.13d-l(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
There has been no change in beneficial ownership of Brit Insurance Holdings PLC.
This Schedule 13G is filed only to reflect a change in the passive investor
status of Brit Insurance Holdings PLC.
(a) Amount beneficially owned: 339,789
(b) Percent of class: 3.42% as at 29 April 2009. Based on 9,934,000 outstanding
Common Stock $.10 par value as of 29 April 2009.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 339,789.
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of 339,789.
(iv) Shared power to dispose or to direct the disposition of 0.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Following recent sales of stock, Brit Insurance Holdings PLC's holding in
Ebix stock is now below 5%.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
30 April 2009
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Date Signature
Peter Goddard
Company Secretary
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Name/Title