Annual Dividend Declaration

RNS Number : 1391V

CATCo Reinsurance Opps Fund Ltd

09 January 2013

 



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.

-End-

For further information, please contact:

Jason Bibb

CATCo Investment Management Ltd                        

Telephone: [phone]

Email: [e-mail] 

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: [phone]

John Whiley

Prime Management Ltd

Tel: [phone]

 

END

 

 

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