CATCo Reinsurance Opps Fund Ltd Holding(s) in Company (1182A)

TIDMCAT

RNS Number : 1182A

CATCo Reinsurance Opps Fund Ltd

21 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      CATCo Reinsurance Opportunities 
  the underlying issuer                                                                   Fund Ltd 
  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                                    X 
------------------------------------------------------------  ------------------------------------ 
 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)                                               City Financial Investment 
  subject to the                                                        Company Limited, acting as 
  notification obligation:                                               Investment Manager of the 
  (iii)                                                                City Financial Wealth Fund, 
                                                                        City Financial Adventurous 
                                                                         Portfolio, City Financial 
                                                                        Diversified Fixed Interest 
                                                                        Fund, City Financial Multi 
                                                                Asset Dynamic Fund, City Financial 
                                                                     Multi Asset Diversified Fund, 
                                                                        City Financial Multi Asset 
                                                                        Balanced Fund and the City 
                                                                      Financial Multi Asset Growth 
                                                                                              Fund 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                                    BNY Mellon Trust and Depositary 
  (if different from 3.):(iv)                                     as Trustee to the City Financial 
                                                                     Multi Asset Diversified Fund, 
                                                                        City Financial Multi Asset 
                                                                      Dynamic Fund, City Financial 
                                                                        Multi Asset Balanced Fund, 
                                                                        City Financial Multi Asset 
                                                                Growth Fund and the City Financial 
                                                                        Diversified Fixed Interest 
                                                                        Fund and NorTrust Nominees 
                                                                      Ltd acting as Trustee to the 
                                                                        City Financial Wealth Fund 
                                                                and the City Financial Adventurous 
                                                                                         Portfolio 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                                          20 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                             21 March 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                            5% 
-----------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                 Resulting situation after the 
  of              to the triggering                  triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------------------  ------------------------------------------------------------------- 
                 Number           Number            Number            Number of voting            % of voting 
                  of               of                of shares         rights                      rights 
                  Shares           Voting                                                          (x) 
                                   Rights 
--------------  ---------------  ----------------  ----------------  --------------------------  --------------------- 
                                                    Direct            Direct       Indirect       Direct     Indirect 
                                                                      (xi)         (xii) 
--------------      -----------    ------------    ----------------  -----------  -------------  ---------  ---------- 
 
  BMG1961Q2095     14,494,750       14,494,750        13,572,750      13,572,750                   4.97% 
                ---------------  ----------------  ----------------  -----------  -------------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/                       Number of voting   % of voting 
  instrument          date           Conversion                      rights that        rights 
                      (xiii)         Period (xiv)                    may 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 
 financial          price         date            Conversion      rights              rights (xix, 
 instrument                       (xvii)          period          instrument          xx) 
                                                  (xviii)         refers to 
----------------  -------------  --------------  --------------  -----------------  ---------------------------------- 
                                                                                     Nominal        Delta 
----------------  -------------  --------------  --------------  -----------------  -------------  ------------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------- 
                           13,572,750                                                    4.97% 
---------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 

------------------------------------------------------------------------- 
                                                                      N/A 
 
 Proxy Voting: 
------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                        N/A 
-------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy                                    N/A 
  holder will cease to hold: 
-------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will                                  N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ---------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  ---------------- 
 14. Contact name:                                           Judith Wynne 
-------------------------------------------------------  ---------------- 
 15. Contact telephone number:                            [phone] 
-------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2017 12:48 ET (16:48 GMT)