CATCo Reinsurance Opps Fund Ltd Holding(s) in Company (4510E)

TIDMCAT TIDMPRU

RNS Number : 4510E

CATCo Reinsurance Opps Fund Ltd

03 November 2015

 
 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 
----------------------------------------------------------  ----------------------------------- 
 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): Admission of new C shares                           X 
----------------------------------------------------------  ----------------------------------- 
 3. Full name of person(s)                                   Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                           Prudential plc 
                                                                      M&G Group Limited 
                                                                         M&G Limited 
                                                                  M&G Investment Management 
                                                                           Limited 
                                                               The Prudential Assurance Company 
                                                                           Limited 
----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                           02 November 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                              03 November 2015 
  notified: 
----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                     15% - 11% 
----------------------------------------------------------  ----------------------------------- 
 
 
 
 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                   % of voting 
                    of               of                of shares         voting                      rights (x) 
                    Shares           Voting                              rights 
                                     Rights 
--------------    ---------------  ----------------  ----------------  --------------------------  ---------------------- 
                                                      Direct            Direct       Indirect       Direct     Indirect 
                                                                         (xi)        (xii) 
--------------      -----------      ------------    ----------------  -----------  -------------  ---------  ----------- 
  BMG1961Q2095 
       ORD 
  USD0.00013716 
      (DI)           42,256,436       42,256,436        42,256,436      42,256,436        0          11.68%        0 
----------------  ---------------  ----------------  ----------------  -----------  -------------  ---------  ----------- 
  BMG1961Q1428 
  ORD USD0.0001 
      (DI) C             0                 0              140,462        140,462          0          0.04%         0 
----------------  ---------------  ----------------  ----------------  -----------  -------------  ---------  ----------- 
 
 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 
-----------------------------------------------------------------  ------------------------------------------------------ 
 42,396,898                                                         11.72% 
-----------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 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) - 42,396,898 (11.72%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 42,396,898 (11.72%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 42,396,898 (11.72%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 42,396,898 (11.72%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 39,284,393 (10.86%) 
 
 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:                                         Ravi Patel / James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  --------------------------- 
                                                           020 7004 4177 / 020 7548 

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November 03, 2015 12:23 ET (17:23 GMT)