REG - CATCo Re-ins Opps Fd - Net Asset Value(s) and Portfolio Update

CATCo Reinsurance Opportunities FundAnnouncement

11/08/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220811:nRSK6338Va&default-theme=true

RNS Number : 6338V  CATCo Reinsurance Opps Fund Ltd  11 August 2022

FOR IMMEDIATE RELEASE

 

 

11 August 2022

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

Net Asset Value

 

 

To: SFS, London Stock Exchange and Bermuda Stock Exchange

May 2022 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 $2.6738 and $10.3610 respectively, as at the close of
business on 31 May 2022.

 

Portfolio Update

The Investment Manager advises of a further release of Side Pocket Investment
("SPI") capital which is expected to be paid to the Company towards the end of
Q4 2022, and which the Company intends to use to carry out an eighth
compulsory partial redemption of its issued share capital. The Company will
issue further details of the expected timetable for this eighth compulsory
redemption in due course.

 

 

 

 

 For further information:
 Markel CATCo Investment Management Ltd.  Numis Securities Limited

 Judith Wynne                             David Benda / Hugh Jonathan

 General Counsel                          Telephone: +44 (0) 20 7260 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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NAVEAEPEFAAAEAA