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Issue of Equity

7th Dec 2015 16:05

RNS Number : 2636I
CATCo Reinsurance Opps Fund Ltd
07 December 2015
 

 

 

CATCo Reinsurance Opportunities Fund Ltd.

 

Issue of Equity

 

 

To: SFM, London Stock Exchange and Bermuda Stock Exchange

Date: 7 December 2015

 

 

CATCo Reinsurance Opportunities Fund Ltd. (the "Company"), is pleased to announce that in order to satisfy continued investor demand, 3,400,000 new C shares have been issued, at an issue price of $1.00, raising a further US$3.4 million (before costs and expenses).

 

Admission of the additional C Shares is scheduled for 21 December 2015 and an application will be made to the London Stock Exchange for C Shares to be admitted to trading on the Specialist Fund Market. A prospectus in relation to the Issue is available on CATCo Investment Management Ltd.'s website: www.catcoim.com.

 

As a result of this further placing, the Company's issued share capital will consist of 91,835,018 C shares and 273,224,673 ordinary shares. 

 

For further information, please contact:

 

Judith Wynne,

Company Secretary and General Counsel

CATCo Investment Management Ltd

Telephone: +44 7986 205364

Email: [email protected]

 

Mark Way

Fund Operations and Investor Relations Director

CATCo Investment Management Ltd

Telephone: +44 7786 116991

Email: [email protected]

 

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

 

 

- ends -

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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