Holding(s) in Company

RNS Number : 0163S

CATCo Reinsurance Opps Fund Ltd

14 March 2016

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Catco Reinsurance Opportunities Fund Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Type 3 Disclosure as per the Transparency Directive II Regulation			ü
3. Full name of person(s) subject to the notification obligation: iii		Schroders plc
4. Full name of shareholder(s)  (if different from 3.):iv		Schroders plc & Schroder & Co. Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		10.03.16
6. Date on which issuer notified:		11.03.16
7. Threshold(s) that is/are crossed or reached: vi, vii		Below 10%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary BMG1961Q2095 BMG1961Q1428

40,235,550 N/A

40,235,550 N/A

31,795,668 4,620,690

N/A

31,795,668 4,620,690

N/A

8.710% 1.266%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

36,416,358

9.975%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Schroder & Co. Limited BMG1961Q2095                                                     23,240,419                        6.366% BMG1961Q1428                                                     3,304,690                          0.905%       Schroders (C.I.) Limited                                                    BMG1961Q2095                                                     7,488,899                          2.051% BMG1961Q1428                                                     1,316,000                          0.360%   Schroder Investment Management Limited BMG1961Q2095                                                     1,066,350                          0.292%
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 365,059,691. Please note that the legal entity position for Schroder & Co. Limited was below the 10% threshold when the Transparency Directive II Regulation was implemented on 26th November 2015 (29,036,666 shares, equating to 8.029% of issue share capital amount 361,659,691 at that time).
14. Contact name:	Chloe Talbot
15. Contact telephone number:	020 7658 6000

 

END

 

 

HOLUSAORNVAOAAR