CATCo Reinsurance Opps Fund Ltd Holding(s) in Company (4238M)

TIDMCAT TIDMSDR

RNS Number : 4238M

CATCo Reinsurance Opps Fund Ltd

07 May 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                 Catco Reinsurance Opportunities 
  the underlying 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)                                           Schroders plc 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                            01.05.15 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                               06.05.15 
  notified: 
------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                           Below 15% 
  crossed or 
  reached: (vi, vii) 
------------------------------------------------------  -------------------------------------- 
 
 
 
 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 (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  -----------------------------  -------------  ----------------------  -------------------------- 
                                                                Direct         Direct     Indirect     Direct        Indirect 
                                                                               (xi)        (xii) 
-------------      -----------      -----------  ------------  -------------  ---------  -----------  ------------  ------------ 
   Ordinary 
 
 BMG1961Q2095     48,383,716              48,383,716             40,235,550      N/A      40,235,550       N/A          14.726% 
               ---------------  -----------------------------  -------------  ---------  -----------  ------------  ------------ 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                                   Number of voting          % of voting 
 financial           date             Conversion                                  rights that               rights 
 instrument          (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 instrument                      rights (xix, 
 instrument                        (xvii)          period          refers to                              xx) 
                                                   (xviii) 
---------------  ---------------  -------------  --------------  -------------------------------------  ------------------------ 
                                                                                                         Nominal       Delta 
---------------  ---------------  -------------  --------------  -------------------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------------- 
                           40,235,550                                                        14.726% 
---------------------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------- 
 Schroder & Co. Limited 30,785,127 11.267% 
  Schroders (C.I.) Limited 9,450,423 3.459% 
 
 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: 
-------------------------------------------------------------  ---------------------------------- 
 
                                                                The shares referred to in 
  13. Additional information:                                   section 9 are held in portfolios 
                                                                managed by those firms on 
                                                                a discretionary basis for 
                                                                clients under investment 
                                                                management agreements. This 
                                                                disclosure has been calculated 
                                                                based on issue share capital 
                                                                amount 273,224,673. 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name: 
                                                                           Judith Wynne 
                                                                    CATCo Investment Management 
                                                                                Ltd 
-------------------------------------------------------------  ---------------------------------- 
 
 15. Contact telephone number:                                            [phone] 
-------------------------------------------------------------  ---------------------------------- 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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