TIDMCAT

RNS Number : 8384U

CATCo Reinsurance Opps Fund Ltd

06 December 2013

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

Possible Capital and Income Distribution

 
 To: SFM, London Stock Exchange   Date: 6 December 2013 
  and Bermuda Stock Exchange

In the event that there are no significant insured losses in respect of the 2013 investment portfolio, the Board of Directors would like to highlight that they are considering the viability, and the associated mechanics, for an opportunity for Shareholders to receive an additional distribution over and above the annual target dividend equivalent to LIBOR + 5% of net asset value. The exact nature of any such additional distribution, should it be made, has not yet been determined but it may take the form of either an income and/or a capital distribution to existing Shareholders. The Directors will seek to provide further information to Shareholders in early January 2014.

For further information, please contact:

Jason Bibb

CATCo Investment Management Ltd

Telephone: +1 (441) 531 2227

Email: jason.bibb@catcoim.com

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

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This information is provided by RNS

The company news service from the London Stock Exchange

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