9th Jan 2013 07:03
CATCo Reinsurance Opportunities Fund Ltd. ("the Company")
Declaration of annual dividend
To: SFM, London Stock Exchange and Bermuda Stock Exchange | Date: 9 January 2013 |
At the launch of the Company, the Board of Directors indicated the intention to pay an annual dividend in respect of any Fiscal Year of an amount equal to LIBOR plus 5 per cent of the Net Asset Value as at the end of the relevant Fiscal Year.
The Board of Directors are declaring a final dividend of $0.05006 in respect of the Ordinary Shares. The record date for this dividend will be 18 January 2013 and therefore the Ordinary Shares will go ex-dividend on 16 January 2013. It is expected that this final dividend will be paid to shareholders in March 2013, subject to shareholder approval at the forthcoming Annual General Meeting.
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For further information, please contact:
Jason Bibb
CATCo Investment Management Ltd
Telephone: +1 (441) 531 2227
Email: [email protected]
David Benda / Hugh Jonathan
Numis Securities Limited
Telephone: +44 (0) 20 7260 1000
John Whiley
Prime Management Ltd
Tel: +1 (441) 295 0329
Related Shares:
CATCo