Holding(s) in Company

RNS Number : 6740O

CATCo Reinsurance Opps Fund Ltd

08 November 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
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):	Transfer between funds				X
3. Full name of person(s) subject to the notification obligation: iii		Prudential plc group of companies
4. Full name of shareholder(s)  (if different from 3.):iv		Prudential plc The Prudential Assurance Company Limited M&G Group Limited M&G Limited M&G Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		07 November 2016
6. Date on which issuer notified:		08 November 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		See item 13

 

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

ORD USD0.00013716 (DI) BMG1961Q2095

42,256,479

42,256,479

42,256,479

0

42,256,479

0

11.24%

ORD USD0.0001(DI) C BMG1961Q1428

140,462

140,462

140,462

0

140,462

0

0.04%

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

ORD USD0.00013716 (DI) BMG1961Q2095 (Right of Recall)

119,000

0.03%

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

42,515,941

11.31%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Prudential plc (parent Company) - 42,515,941 (11.31%) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 37,056,111 (9.86%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 42,515,941 (11.31%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - 42,515,941 (11.31%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 42,515,941 (11.31%)
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	The non-exempt indirect holdings for Prudential plc have moved below a 10% notifiable interest excluding the right of recall under the Qualifying Financial Instruments. The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) has moved below a 10% notifiable interest excluding the right of recall under the Qualifying Financial Instruments.
14. Contact name:	Judith Wynne, Markel CATCo Investment Management Ltd
15. Contact telephone number:	[phone]

 

END

 

 

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