ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BCGR Blue Capital

1.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blue Capital LSE:BCGR London Ordinary Share BMG1189R1043 ORD USD0.00001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Blue Capital Global Reinsurance Fnd Blue Capital Global Reinsurance Fund Limited TR-1 (0677B)

30/03/2017 3:43pm

UK Regulatory


TIDMBCGR

RNS Number : 0677B

Blue Capital Global Reinsurance Fnd

30 March 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                  Blue Capital Global Reinsurance 
  issuer                                                                                         Fund Limited 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-----------------------------------------------------------------------  ------------------------------------ 
 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): 
-------------------------------------------------------------------  ------  -------------------------------- 
 3. Full name of person(s) subject                                                       Sompo Holdings, Inc. 
  to the 
  notification obligation: (iii) 
---------------------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                                                             . 
  (if different from 3.):(iv) 
---------------------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction and date                                                            28 March 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer notified:                                                              28 March 2017 
---------------------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are crossed                                                                Above 25% 
  or 
  reached: (vi, vii) 
---------------------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the triggering 
 of              to the triggering                   transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number            Number            Number          Number of voting          % of voting rights 
                 of                of                of shares       rights                    (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct      Indirect      Direct        Indirect 
                                                                    (xi)         (xii) 
-------------      ------------    ------------    --------------  ----------  ------------  ------------  ----------- 
 Ordinary 
 Shares         50,000,000        50,000,000        50,000,000                  50,000,000                  28.0% 
               ----------------  ----------------  --------------  ----------  ------------  ------------  ----------- 
 ISIN 
 BMG1189R1043 
-------------      ------------    ------------      ------------    --------  ------------      --------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting            % of voting 
 financial           date (xiii)     Conversion Period                 rights that may             rights 
 instrument                          (xiv)                             be 
                                                                       acquired if the 
                                                                       instrument is 
                                                                       exercised/ converted. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/         Number of voting            % of voting rights 
 financial         price          date (xvii)     Conversion         rights instrument           (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal     Delta 
---------------  --------------  --------------  ----------------  --------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 50,000,000                                           28.0% 
---------------------------------------------------  ----------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------------------------------------- 
 
   On 28 March 2017, Sompo Holdings, Inc. acquired the entire issued share 
   capital of Endurance Specialty Holdings Ltd. 
 
   Endurance Specialty Holdings Ltd. owns the entire issued share capital 
   of Endurance Specialty Insurance Ltd. 
 
   Endurance Specialty Insurance Ltd. owns 28.0 per cent. of the issued 
   share capital of Blue Capital Global Reinsurance Fund Limited. 
 
 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: 
---------------------------------------------------  ----------------------------------------------------------------- 
 14. Contact name:                                                                                  Mr. Tetsuya Morito 
---------------------------------------------------  ----------------------------------------------------------------- 
 15. Contact telephone number:                                                                         +81-3-3349-9347 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLWGUGCWUPMGCU

(END) Dow Jones Newswires

March 30, 2017 10:43 ET (14:43 GMT)

1 Year Blue Capital Chart

1 Year Blue Capital Chart

1 Month Blue Capital Chart

1 Month Blue Capital Chart

Your Recent History

Delayed Upgrade Clock