CATCo Reinsurance Opps Fund Ltd Holding(s) in Company (0300K)

TIDMCAT TIDMPRU

RNS Number : 0300K

CATCo Reinsurance Opps Fund Ltd

14 August 2012

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying         Catco Reinsurance Opportunities 
  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 
------------------------------------------------------------------------------  ------- 
 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): Confirmation of position following conversion             X 
  of C Shares 
--------------------------------------------------------------------------      ------- 
 3. Full name of person(s) subject               Prudential plc group of companies 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s)                        See attached schedule 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------- 
 5. Date of the transaction and date                       13 August 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------- 
 6. Date on which issuer notified:                         14 August 2012 
------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are crossed                        See item 13 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type of    Situation previous                   Resulting situation after the triggering 
 shares            to the triggering                    transaction 
                   transaction 
 if possible 
 using 
 the ISIN CODE 
---------------  -----------------------------------  -------------------------------------------------------------------- 
                  Number             Number            Number           Number of voting             % of voting 
                   of                 of                of shares        rights                       rights (x) 
                   Shares             Voting 
                                      Rights 
-----------      -----------------  ----------------  ---------------  ---------------------------  ---------------------- 
                                                       Direct           Direct         Indirect      Direct     Indirect 
                                                                         (xi)           (xii) 
-----------      ---  ----  ------  ---  ---  ------  ---------------  -------------  ------------  ---------  ----------- 
  BMG1962E1066 
  ORD USD0.0001 
      (DI)           50,007,964        50,007,964        57,810,601      57,810,601         0         15.63%        0 
---------------  -----------------  ----------------  ---------------  -------------  ------------  ---------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration         Exercise/                       Number of voting             % of voting 
  instrument            date (xiii)        Conversion Period               rights that may              rights 
                                           (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 
---------------------------------------------------------------  --------------------------------------------------------- 
 57,810,601                                                       15.63% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 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) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   The Prudential Assurance Company Limited (wholly owned subsidiary of 
   Prudential plc) 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                            N/A 
--------------------------------------------------------  ----------------------------------- 
 11. Number of voting rights proxy holder will                            N/A 
  cease 
  to hold: 
--------------------------------------------------------  ----------------------------------- 
 12. Date on which proxy holder will cease to                             N/A 
  hold 
  voting rights: 
--------------------------------------------------------  ----------------------------------- 
 
 
  13. Additional information:                 Our percentage of 15.63% is based 
                                              on a Total Voting Rights figure of 
                                              369,849,337 (Ord Shares). 
 
                                              There is no change in our notifiable 
                                              position and notification is for confirmation 
                                              of position following conversion of 
                                              C Shares 
-----------------------------------------  -------------------------------------------------- 
 14. Contact name:                          James Todd / Mark Thomas 
                                             M&G Investment Management Limited 
-----------------------------------------  -------------------------------------------------- 
 15. Contact telephone number:              020 7548 2293 / 020 7548 3266 
-----------------------------------------  -------------------------------------------------- 
 
 

Please copy and paste link into your web browser or click on link below to view attached schedule:

http://www.rns-pdf.londonstockexchange.com/rns/0300K_1-2012-8-14.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

END

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