CAT Catco Reinsurance Opportunities Fund Limited

TIDMCAT

RNS Number : 1667P

CATCo Reinsurance Opps Fund Ltd

15 October 2021

FOR IMMEDIATE RELEASE

15 October 2021

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

Net Asset Value

To: SFS, London Stock Exchange and Bermuda Stock Exchange

September 2021 Net Asset Values

Markel CATCo Investment Management Ltd., the Company's Investment Manager, announces the unaudited Net Asset Value ("NAV") of the Company's Ordinary Shares and C Shares of $0.3225 and $0.6164 respectively, as at the close of business on 30 September 2021.

The 2.4 percent monthly increase in the Ordinary Share NAV and the 13.8 percent increase in the C Share NAV predominantly reflect a reduction in claims associated with the 2018 California wildfires.

Buy-Out Transaction

Further to the announcement on 27 September 2021, Shareholders are reminded that in order to agree to the support undertaking and be eligible to receive the Early Consent Fee, Public Fund Investors who hold depository interests must submit a transfer to escrow instruction (TTE Instruction) through CREST no later than 11.59 p.m. ADT on October 22, 2021. Public Fund Investors who hold certificated shares must submit a PDF of a signed copy of the undertaking by no later than 11.59 p.m. ADT on October 22, 2021.

 
For further information: 
Markel CATCo Investment Management Ltd.  Numis Securities Limited 
                                          David Benda / Hugh Jonathan 
 Judith Wynne                             Telephone: +44 (0) 20 7260 
 General Counsel                          1000 
 Telephone: +1 441 493 9005 
 Email: judith.wynne@markelcatco.com 
 Mark Way 
 Chief of Investor Marketing 
 Telephone: +1 441 493 9001 
 Email: mark.way@markelcatco.com 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NAVGPGQGUUPGPPC

(END) Dow Jones Newswires

October 15, 2021 02:00 ET (06:00 GMT)

Catco Reinsurance Opport... (LSE:CAT)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Catco Reinsurance Opport... (LSE:CAT)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024