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CAT Catco Reinsurance Opportunities Fund Limited

24.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Catco Reinsurance Opportunities Fund Limited LSE:CAT London Ordinary Share BMG1961Q3242 ORD USD0.00013716 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 13.00 35.00 24.00 24.00 24.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 31.88M 27.12M 18.1652 1.32 35.84M

CATCo Reinsurance Opps Fund Ltd Directorate Change (1271K)

03/05/2022 12:04pm

UK Regulatory


Catco Reinsurance Opport... (LSE:CAT)
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TIDMCAT

RNS Number : 1271K

CATCo Reinsurance Opps Fund Ltd

03 May 2022

To: Specialist Fund Segment, London Stock Exchange and Bermuda Stock Exchange

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

To: Specialist Fund Segment, London Stock Exchange and Bermuda Stock Exchange

Directorate changes

Date: 3 May 2022

The Board of Directors of the Company (the "Board") wish to announce that Margaret Gadow, non-executive director, will resign as director of the Company with effect from the conclusion of the Company's Annual General Meeting, to be held on 1 June 2022. This will result in the remaining Board consisting only of two directors, in order both to reflect the significantly reduced size of the Company and also to reduce ongoing operating costs. The Board have also agreed to a 40% reduction in directors' fees, effective 1 May 2022.

James Keyes, Chairman of the Company, commented: "Margaret, who was appointed to the Board in May 2012, has made a considerable contribution to the Board and to the Company, and I would like to thank her and wish her well for the future."

 
 For further information: 
-------------------------------------- 
 
   Markel CATCo Investment Management 
   Ltd. 
   Judith Wynne, General Counsel 
   Telephone: +1 441 493 9005 
   Email: judith.wynne@markelcatco.com 
 Mark Way, Chief of Investor Marketing 
  Telephone: +1 441 493 9001 
  Email: mark.way@markelcatco.com 
 Numis Securities Limited 
  David Benda / Hugh Jonathan 
  Telephone: +44 (0) 20 7260 1000 
 

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END

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(END) Dow Jones Newswires

May 03, 2022 07:04 ET (11:04 GMT)

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